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$ 280,000
Est. payment /mo
Active
1616 18TH PLACE N Birmingham, AL 35234
2 Beds
1 Bath
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Druid Hills
MLS Listing ID 21446927
Bedrooms 2
Full Baths 1
Year Built 1967
Property Sub-Type Apartment
Property Description
Discover exceptional income potential with this brick 5-plex just steps away from the brand-new Coca-Cola Amphitheater, one of Birmingham's most exciting entertainment developments. Each of the five units features 2 bedrooms and 1 bathroom. Each unit will need AC installed and interior repairs before rent ready. Property has ample onsite parking and out door space for all tenents. The only expense while owner was renting was yard maintanence and a dumpster for tenants. Five 2BR/1BA units ideal size for long-term tenants or short term rentals. Property is priced considering the repairs needed to get back to rent ready condition. Current market rents range $700 - $800/mo. Located in a rapidly revitalizing corridor of North Birmingham, with the Coca-Cola Amphitheater, Uptown, BJCC, Protective Stadium, and much more to come!
Location
State AL
County Jefferson
Area Inglenook, North Bham, Norwood, Tarrant
Interior
Heating Central w/Ind Ctrl(HEAT)
Cooling Central Control (COOL)
Flooring Vinyl
Exterior
Parking Features 1 Space per Unit
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Schools
Elementary Schools Lewis
Middle Schools Wilkerson
High Schools Carver, G W
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/bham/21446927
Listed by Bham Realty, LLC