427 62ND ST FAIRFIELD AL 35064 - 30 00 13 2 024 004.000

Description

Vacant - Redemption Rights Expired This 3 bedroom / 1 bath, single family home has 1,204 sq ft and is within the Inteurban Heights Neighborhood with easy access to I-459 and I-20. The redemption rights have expired allowing the buyer to begin rehab immediately. Buyer can take possession usually 7-10 business days after the closing. This property would be a perfect Fix & Flip / Rehab to Rent for an investor, or as a starter home for a first time buyer. Estimated: ARV: $94K Rental: $1,020 Purchase price does NOT include closing costs. The law office which does our closings will issue a Settlement Statement which includes the closing costs (est. $1K) and any proration of current property taxes. Any pre closing property taxes will be paid by the Seller. Neighborhood: Interurban Heights is a historic, residential neighborhood within Fairfield, Alabama, a city established in 1910–1911 by U.S. Steel and developed by Robert Jemison Jr as a planned industrial "company town". Known originally as "Corey," it was renamed Fairfield in 1913 to support the expansion of nearby steel mills. History Nuggets: The town was built by renowned Birmingham developer Robert Jemison Jr. The nearby Lloyd Noland Hospital, built to serve the town, was the first in Alabama to use X-ray facilities for cancer patients and employ a full-time anesthesiologist.