5508 Crestview Drive, Adamsville, AL 35005

Outstanding 4/2 Rent potential $1,050!

There is equity potential in this  home, there are comps that have closed that are in the $115,000-$126,000 range!  If there was a home in the last year that I would like to hold in my long term inventory, this would be one of them.  Located only 10 minutes from the prime commercial shopping district of Gardendale, Alabama this is a very nice suburb.    Downtown Adamsville also has rastaurants and a Super-Walmart.  There are much more expensive homes in the surrounding area which is really nice.  Downtown Birmingham is only a short commute, yet this area feels country and has much better schools than if you were in the city.   The neighborhood has B- to B pride of ownership with large lots and very solid pride of ownership.

This 4/2–Approx 1,515 square foot after rehab is complete, brick home 1,265 square foot before rehab (per tax records) was built in 1969 and we are converting this home to a 4/2. The Bonus room in the basement has a closet and we will be making that a bedroom and adding a bathroom to that room. This should increase the Square Footage by an estimated 250 Sq Ft therefore the total square footage should be approximately 1,515 sq ft .

This home recently (3 years ago) received a new roof, furnace, condensing unit, hot water heater new lighting, new appliances and new exterior paint.   The whole interior will receive new paint, the hardwood floors are being refinished in a couple of rooms, the kitchen and 4th bedroom receive new luxury vinyl plank flooring.  Being in a B- neighborhood with great curb appeal and a wonderful lot, this house is a great find that won’t last!

The property taxes in 2017 were $1,053.

While we have based our rental projection upon the property managers suggestion any buyer should rely upon their own investigation of rental comparables and their property managers professional opinion as to what a property may rent for.

Property Details

Price: $115,000
Address: 5508 Crestview Drive
City: Adamsville
State: AL
ZIP: 35005
MLS #:
Square Feet: 1,515
Bedrooms: 4
Bathrooms: 2
Basement: Partial

Additional Features:

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