508 N Central Ave

Alexander City, AL 35010

Sold

$109,900

  • Property Type No data available
  • Beds [custom_acf field="number_of_bedrooms"]
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Interested in this home? 

🏡 Space + Value: 3BR/1BA + Bonus Loft in Alex City

 

Affordable, spacious, and full of potential — this Alexander City SFH is a true find. With 3 bedrooms, 1 bath, plus an upstairs loft area that can easily be converted into 2–3 extra rooms, this property offers much more space than meets the eye.

 

The home already features a new roof, fresh vinyl siding, updated plumbing, and a detached garage, making it a strong investment for rental or resale. Just bring cosmetic updates inside and unlock its full value.

 

🌟 Property Highlights

3 Bedrooms / 1 Bathroom + Upstairs Loft (2–3 more rooms possible)

1,299 Sq Ft | Built 1960 | Lot Size: .21 Acres

Roof: 3 years old – excellent condition

HVAC: Older but working

Flooring: Original hardwood & linoleum

Kitchen: Solid layout, needs new countertops & appliances

Bathroom: Fair shape, ready for updates

Exterior: New vinyl siding with matching detached garage

Plumbing & water heater recently replaced

 

🛠 Recommended Repairs

Interior paint & flooring

Update kitchen appliances & countertops

Modernize bathroom fixtures

HVAC servicing if needed

Rental Repairs: $10K–$12K

Flip Repairs: $15K–$20K

 

📈 Investment Potential

All-In Estimate: ~$152K with flip-level updates

Rental Demand: Strong in Alexander City for homes with space and curb appeal

 

Whether you’re seeking a budget-friendly rental property or a cosmetic flip with big upside, this one checks the boxes.

 

📲 Call or text Lanier at 334-201-0507 today for more details or to set up a showing.

 

Comps/ARV

ARV: $175K–$200K

Comp 1:  40 Wheeler St sold for $207,500 @ $134/sqft and is  a 3/2 1545 sqft on 6/16/2025 

Comp 2:  278 Valley Rd for $225,000 @ $134/sqft and is  a 3/2 1677 sqft on 9/16/2025

Comp 3:  240 Windsor Dr sold for $154,000 @ $128/sqft and is  a 3/1 1200 sqft on 8/9/2025

Comp 4:  617 11th Ave sold for $175,000 @ $140/sqft and is  a 3/2 1252 sqft on 5/12/2025

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