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$899,000
Est. payment /mo
2 Beds
1 Bath
UPDATED:
11/07/2024 04:51 PM
Key Details
Property Type Multi-Family, Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Metes & Bounds
MLS Listing ID 21402039
Bedrooms 2
Full Baths 1
Year Built 1950
Property Description
Investment Opportunity: 12-Unit Apartment Complex Near New Star Development & Amphitheater** 12 Units | 10 x 2 Bed/1 Bath, 2 x 1 Bed/1 Bath Located just one block away from the exciting new Star Development and the brand-new amphitheater in North Birmingham, this 12-unit apartment complex offers a prime investment opportunity in a rapidly growing area. The property features 10 two-bedroom, one-bath units and 2 one-bedroom, one-bath units, all with upgraded interiors. Recent improvements include new plumbing, electrical systems, water heaters, LVP flooring, and renovated kitchens and bathrooms. Exterior upgrades include a metal roof (replaced around 15 years ago), new exterior stairs, and electrical wiring in place for a mini-split HVAC system.With the vibrant development just steps away, this location is primed for rental growth and long-term value appreciation, making it ideal for investors looking for both immediate rental income and future gains.
Location
State AL
County Jefferson
Area Downtown Birmingham, Southside
Interior
Heating Electric (HEAT)
Cooling Window Units (COOL)
Flooring Laminate
Exterior
Garage 2 Spaces per Unit
Building
Foundation Slab
Sewer Connected
Water Public Water
Schools
Elementary Schools Norwood
Middle Schools Bessemer City
High Schools Bessemer City
Others
Financing Cash,Conventional,FHA
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