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6112 1ST AVENUE S

Birmingham, AL 35212
  • $529,900
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 21363705
Price Reduced
UPDATED: 36 min ago
$529,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Information

Elementary School:
Middle School:
High School:
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Exp Realty, Llc Central.
© 2023 Greater Alabama MLS.



Description

Have you been looking for multi family with growth potential? This six unit building is just what you need. Woodlawn is on a huge upswing and this building is perfect for you. Roof, HVAC, Electric, Plumbing, Windows all done in 2018. 6 parking spots in rear of building. Recently painted. All units have LVT flooring and same floorpan. New tenants renting at 900, legacy tenants in the mid 800s. Excellent place to get long term cash flow. Roughly 9% Cap rate after taxes, insurance, and maintenance.

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Greater Alabama MLS (Birmingham Association of Realtors) logo © 2023 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Howard Whatley | ARC Realty. Data last updated: 2023-10-03T12:30:54.893.

www.topbirminghamhomes.com/homes/142743971
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6112 1ST AVENUE S Birmingham, AL 35212

  • Price: $529,900
  • Status: Active
  • On Site: 39 Days
  • Updated: 36 min ago
  • MLS #: 21363705
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1968
Built
Neighborhood:
Woodlawn
County:
Jefferson
Area:
Eastlake, Woodlawn
Elementary School:
Avondale
Middle School:
Putnam, W E
High School:
Woodlawn
Property Description
Have you been looking for multi family with growth potential? This six unit building is just what you need. Woodlawn is on a huge upswing and this building is perfect for you. Roof, HVAC, Electric, Plumbing, Windows all done in 2018. 6 parking spots in rear of building. Recently painted. All units have LVT flooring and same floorpan. New tenants renting at 900, legacy tenants in the mid 800s. Excellent place to get long term cash flow. Roughly 9% Cap rate after taxes, insurance, and maintenance.
Exterior Features

Multifamily Property Type Apartment

Interior Features

Cooling Central W/Ind Ctrl(Cool) Floors Vinyl Foundation Slab Heating Central W/Ind Ctrl(Heat) Type One Bedrooms 2 Type One Full Baths 1 Type One Furnished ASN None Type One Half Baths 0

Property Features

Construction Brick Expense Term Per Year Expenses 600 Financing CashConventional Miscellaneous None/Other Sales Type N/A Sewer Septic Connected Tenant Pays All Utilities (Tenant) Type One Features Refrigerator Type One Units 6 Water Public Water Water Heater Electric (Wtrhtr) Year Built Desc Existing

Listing provided by Exp Realty, Llc Central: (888) 923-5547.


Greater Alabama MLS (Birmingham Association of Realtors) logo © 2023 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Howard Whatley | ARC Realty. Data last updated: 2023-10-03T12:30:54.893.

 
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Logo
Howard Whatley | ARC Realty
110 Inverness Corners
Birmingham AL, 35242
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Exp Realty, Llc Central.
© 2023 Greater Alabama MLS.