510 Simpson St, Florence, AL 35630
Florence · Lauderdale County
Key Facts
Description
Location, updates, and opportunity all in one! Conveniently located near the University of North Alabama, this 3-bedroom, 2-bath home offers nearly 1,200 square feet and is currently occupied by a month-to-month tenant paying $1,350/month. Recent improvements include a roof less than 3 years old, updated plumbing, updated electrical, foundation improvements, new HVAC, and a tankless water heater. Rent rolls available upon request. Whether you're searching for an income-producing property or planning for future occupancy, this home offers excellent flexibility. Property may be purchased individually or as part of a three-property portfolio. Buyer to verify all information. Do not disturb the tenants.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1981
Living Area
1,178 sq ft
Lot Size
0.17 acres
Lot Dimensions
50X150
Zoning
R1
Days on Market
1
MLS® Listing#
530023
Property Features
Appliances
Cooling
Heating
Basement
Parking
Laundry
Patio
Fencing
Lot Features
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Florence
- Middle:
- Florence
- High:
- Florence
Financial Details
HOA
None
Annual Taxes
$838
Tax year 2025
Parcel Number
24-02-03-4-007-021-000
Directions
FROM WOOD AVE, L ON SIMPSON ST, HOR-no sign
Affordability Calculator
$27,000
Estimated monthly payment
$719/mo
Principal $108,000 · Est. interest $150,670 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Florence, AL
- $305,263
- Median Listing Price
- 59
- Median Days on Market
- 1,870
- Median Sq Ft
- $156
- Median Price / Sq Ft
- 278
- Active Listings
- This home’s price is 56% below the area median.
- Its price per sq ft is 26% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Florence, AL.
Location
Points of Interest in Florence, AL
Showing the Florence area map.
Nearby Schools
Little Angel Day School
Elementary · 0.4 mi away
Florence Middle School
Secondary · 0.5 mi away
Florence Freshman Center
School · 0.5 mi away
Kilby Laboratory School
Elementary · 0.8 mi away
St Joseph Regional Catholic School
School · 1.1 mi away
Harlan Elementary
Elementary · 1.1 mi away
Hibbett Middle School
Secondary · 1.2 mi away
Florence High School
Secondary · 1.2 mi away
Florence High School
Secondary · 1.4 mi away
Handy Head Start
School · 1.5 mi away
City of Florence
School · 1.5 mi away
Florence Freshman Center
Secondary · 1.5 mi away
Florence City Schools
School · 1.5 mi away
Weeden Elementary School
Elementary · 1.9 mi away
Riverhill School
Elementary · 2.2 mi away
Forest Hills Elementary School
Elementary · 2.2 mi away
Mars Hill Bible School
School · 2.3 mi away
Shoals Christian School
Secondary · 2.5 mi away
L E Willson Elementary School
Elementary · 3.1 mi away
Sheffield Junior High School
Secondary · 3.3 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1010 W Irvine Ave, Florence, AL | $100,000 | 3 | 1 | 928 |
| 410 N Broadway St, Florence, AL | $110,000 | 2 | 1 | 572 |
| 1101 E Limestone St, Florence, AL | $110,000 | 2 | 1 | 970 |
| 2302 Chisholm Rd, Florence, AL | $119,000 | 2 | 1 | 1,064 |
| 401/403 O'Neal St, Florence, AL | $119,000 | 3 | 2 | 1,552 |
| 1556 Sherrod Ave, Florence, AL | $119,000 | 2 | 2 | 1,294 |
Moving Cost Estimate
EXIT Agents in Florence
Listing Courtesy: Southern Premier Real Estate
Presented by: Linsey Hood