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7707 7TH AVENUE S , 7705 & 7707

Birmingham, AL 35206
  • $459,999
  • STATUS: Active
  • ON SITE: 115 Days
  • MLS #: 1317358
Price Reduced
$459,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1962
County:

School Information

Elementary School:
Middle School:
High School:
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Keller Williams Realty Hoover.
© 2022 Greater Alabama MLS.



Description

Seller to offer $10k repair credit at closing for any contract secured by August 15th! Property listed AS-IS. 8 unit complex (2 separate quadplexes). The are 4 units (A, B, C, D) at 7705 and 4 units (A, B, C, D) at 7707. Tenant Paid Items: Electricity & Water Seller Paid Items: Common Area Lights: $100/month; Insurance: $5350/year; Waste Management. $84/month Current owner bought it last year with the plan to evict all current non-paying tenants, renovate, and re-rent at market rate ($700-$750/month). 6 of 8 units are vacant now, with the remaining 2 units at the final stages of the eviction process. Estimated 15-$20k in repairs needed to get all 8 units rent ready, which is why the Seller is offering the 10k credit.

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Greater Alabama MLS (Birmingham Association of Realtors) logo © 2022 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 | RE/MAX Southern Homes. Data last updated: 2022-08-11T00:30:51.977.

www.topbirminghamhomes.com/homes/127784527
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7707 7TH AVENUE S , 7705 & 7707 Birmingham, AL 35206

  • Price: $459,999
  • Status: Active
  • On Site: 115 Days
  • MLS #: 1317358
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1962
Built
Neighborhood:
Eastlake
County:
Jefferson
Area:
Eastlake, Woodlawn
Elementary School:
Barrett
Middle School:
Ossie Ware Mitchell
High School:
Woodlawn
Property Description
Seller to offer $10k repair credit at closing for any contract secured by August 15th! Property listed AS-IS. 8 unit complex (2 separate quadplexes). The are 4 units (A, B, C, D) at 7705 and 4 units (A, B, C, D) at 7707. Tenant Paid Items: Electricity & Water Seller Paid Items: Common Area Lights: $100/month; Insurance: $5350/year; Waste Management. $84/month Current owner bought it last year with the plan to evict all current non-paying tenants, renovate, and re-rent at market rate ($700-$750/month). 6 of 8 units are vacant now, with the remaining 2 units at the final stages of the eviction process. Estimated 15-$20k in repairs needed to get all 8 units rent ready, which is why the Seller is offering the 10k credit.
Exterior Features

Multifamily Property Type Quadplex

Interior Features

Basement Finish All Unfinished Basement Style Partial Basement Cooling Electric (Cool) Floors Some HardwoodVinylWall-To-Wall Carpet Foundation BasementCrawl Space Heating Central Control (Heat)Electric (Heat)Gas Heat Type One Bedrooms 2 Type One Full Baths 1 Type One Furnished ASN None Type One Half Baths 0

Property Features

Construction Brick Expenses 23257 Financing CashConventional Miscellaneous Pets Not Allowed Sales Type N/A Sewer Septic Connected Tenant Pays Cable/Tv Connect (Tenant)Electric (Tenant) Type One Features Eating Area-KitchenKitchenetteStove Type One Units 4 Type Three Units 0 Type Two Units 0 Water Public Water Water Heater Electric (Wtrhtr) Year Built Desc Existing

Listing provided by Keller Williams Realty Hoover: 205-822-2272.


Greater Alabama MLS (Birmingham Association of Realtors) logo © 2022 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 | RE/MAX Southern Homes. Data last updated: 2022-08-11T00:30:51.977.

 
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Howard Whatley | RE/MAX Southern Homes
110 Inverness Corners
Birmingham AL, 35242
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Keller Williams Realty Hoover.
© 2022 Greater Alabama MLS.