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2810 Fairwest St, Montgomery, AL, 36108

$1,190,000

Home List Price

$10,000*

Closing Credit

0 Baths
House
Schools Nearby

Location

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2810 Fairwest St, Montgomery$1,190,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAsphalt, Driveway, Parking Pad
Year Built1960
HeatingCentral, Electric
CoolingWindow Unit(s)
MLS #518516
StatusActive

About 2810 Fairwest St

Are you a seasoned or new investor looking for an investment property in a hot market? Take a look at this 20-unit multi-family listing that just became available. Each unit is equipped with a stove, refrigerator and a window heating and cooling unit. 17 of the 20 units have been updated with only 3 remaining to renovate, and the parking lot has 20 parking places. The property has security lights and cameras outside that have recently been installed. This property is a prime investment and when fully leased at pro-forma rents could generate over $260,000 per year and will be worth close to $1.6 million. There are 12 2-bedroom units that can be leased for up to $1150 per month and 8 1-bedroom units that can be leased for up to $800 per month. The property is only one mile from a new charter school that should increase the value of the real estate in this area. It is also close to a public library, a large public high school and a new elementary school. Montgomery, Al. was named the #1 historical city by USA Today in 2014 and is home to the only Hyundai car manufacturing plant in the U.S. Also, Montgomery had close to one million people visit the National Memorial for Peace and Justice Museum and the companion Legacy Museum since its opening in 2018. Come invest in Montgomery Alabama, the City of Dreams. PRICE JUST REDUCED BY $200,000!!!! FOR A QUICK SALE!!!

Property Details

Property Features

Property Information:

  • Architectural Style: Two Story
  • Year Built: 1960
  • Stories: 2

Listing Office:

  • Office Name: David Herman Realty
  • Office Phone: (334) 207-2464
  • Listing Agent: David Herman

Interior Features

Interior Information:

  • Appliances: Electric Range, Electric Water Heater, Refrigerator
  • Flooring Type: Vinyl
  • Interior: Eat-in Kitchen

Exterior Features

Parking Information:

  • Parking: Asphalt, Driveway, Parking Pad

Lot Features

Lot Information:

  • Lot: City Lot

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Carver Senior High School, Public District Grades 9-12
  • Southlawn Middle School, Public District Grades 6-8
  • Carver Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: Take the I-65 exit at Fairview Avenue and Go West for 1 mile and then take a left onto Fairwest Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,190,000

Tax Information:

  • Annual Amount: $4,250
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Montgomery, AL.

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Montgomery, AL

City

Med. Sold Price

$174.9K

Med. Price/SqFt

$99

Avg. Days On Market

89

# of Sold Homes

185

2810 Fairwest St vs Montgomery

422 DAYS ON ROCKET

+333 Days

$1,190,000

+$1.0M More

KEY TAKEAWAY

This property is $1.0M more than the Median Sold Price in Montgomery, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MAAOR
  • MLS Number: #518516

Listing Office:

  • Office Name: David Herman Realty
  • Office Phone: (334) 207-2464
  • Listing Agent: David Herman

IDX Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/30/2024, 12:55:15 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 08, 2021Home Sold
$600,000
Jan 03, 2019Home Sold
$400,041

Tax History

YEARPROP. TAXASSESSMENT
2020$4,250$51,980
2019$1,941$53,200
2018$1,942$53,200
2017$1,473$40,360

History based on county public records data.

Payment Calculator

$6,007

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,634

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3456312
5
/10

  • Carver Elementary School

  • 3100 Mobile Dr

  • 0.20 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-3456313
1
/10

  • Southlawn Middle School

  • 5333 Mobile Hwy

  • 3.31 miles

  • Public District Grades 6-8

High School

school-card-donut-3456314
2
/10

  • Carver Senior High School

  • 2001 W Fairview Ave

  • 0.70 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $10,490. Most Montgomery, AL residents have annual incomes less than $35k. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2810 Fairwest St

What is the listing price of this property?

The listing price of 2810 Fairwest St property is $1,190,000.

What type of property is this?

The property 2810 Fairwest St is a house located in Montgomery, Alabama, 36108.

Is this property for sale now?

Active Listing: 2810 Fairwest St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2810 Fairwest St are:
Carver Elementary School: GreatSchools Rating 5/10
Southlawn Middle School: GreatSchools Rating 1/10
Carver Senior High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,250 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 8, 2021 for $600,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 2810 Fairwest St is 1960.

Rocket Homes›Alabama›Montgomery County›Montgomery›36108›2810 Fairwest St

This home is located at 2810 Fairwest St in Montgomery, AL and zip code 36108. This home was built in 1960. It has been listed on Rocket Homes since March 04, 2023 and is currently priced at $1,190,000.

In March 2024 more than 30 listings in Montgomery, AL were sold above the asking price. During the same period more than 56 listings were sold at asking price, while more than 99 were sold below. The inventory of homes for sale in Montgomery, AL between February 2024 and March 2024 increased by 9.8%. In March 2024, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $174,983.

From Rocket Homes Real Estate and based on county public records data.

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