c.1900 Three Bedroom Affordable Alabama Home $45K
$45,000
Three-bedroom, two-bath affordable Alabama home with a welcoming front porch, hardwood floors, tiled fireplace and public water and sewer.
Realtor Comments
Rental property with long term tenant! Here’s an excellent opportunity to start or build your rental portfolio. The rental property has stable tenants who would like to remain. Located near downtown Selma and many conveniences. This property is also part of a five property Selma portfolio that can be purchased as a package. Other properties include 29 Water Ave, 48 Lamar Ave, 2705 Lauderdale St., and 202 Cahaba(duplex).
- 3bed
- 2bath
- Circa 1900
51 Lamar Ave, Selma, AL 36701 $45,000
If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.
Family History
This was the home of Joseph W. Green (b.1884) , owner of a meat market, and his wife, Hattie. The couple lived in the home for decades with their children, Evelyn, Roy, Alice, Joseph, Leila, Bailey, Florence, and Hattie’s parents. Daughter Leila was married in the home in 1929.
Location of This Affordable Alabama Home
Selma, Alabama, is a city with a rich historical legacy, notably as a pivotal site in the Civil Rights Movement. However, like many communities, it has its advantages and challenges. Here’s an overview:
Pros:
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Historical Significance: Selma is renowned for its role in the Civil Rights Movement, particularly the Selma to Montgomery marches in 1965, which were instrumental in the passage of the Voting Rights Act.
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Affordability: The city offers a lower cost of living compared to many other areas, with median home prices around $86,800 and monthly rents for a two-bedroom apartment averaging $840.
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Community Atmosphere: Residents often describe Selma as having a strong sense of community, with a diverse population and a welcoming environment.
Cons:
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Crime Rates: Selma has faced challenges with crime, including high property and violent crime rates. The city has been ranked among the most dangerous per capita in the country.
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Economic Challenges: The city has experienced economic difficulties, including high unemployment rates and a declining population. Many residents have expressed concerns about limited job opportunities and economic development.
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Healthcare: Some residents have noted that local hospitals are rated lower compared to other regions, which may affect access to quality healthcare services.
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Amenities and Services: Selma has been described as lacking certain amenities and services, which can impact residents’ quality of life.
