Jefferson County, Fairfield, AL 35064
2 bd1 ba788 sfBuilt 1948
Gross spread$81,000
Description
3901 40th Way is a 2-bedroom, 1-bath single-family home with approximately 788 square feet, situated on an approximately 0.21-acre lot. The property was built in 1948 and offers a compact floor plan that may help keep renovation costs more manageable than a larger project.This is a true full-renovation project—not a cosmetic rehab. The property has extensive deferred maintenance, including visible roof and porch damage, deteriorated siding and exterior wood, damaged trim, overgrowth, debris and signs of possible moisture intrusion. Buyers should anticipate evaluating the roof, framing, electrical, plumbing, HVAC, windows, kitchen, bathroom, flooring and other major components.At an asking price of **$24,000—approximately $30 per square foot—**this opportunity is best suited for an experienced investor who can control construction costs and execute a complete renovation.Potential exit strategies include:Renovate and resellRenovate and hold as a rentalAffordable-housing or portfolio rental addition
$/sqft vs market
Median of 11 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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