Contact Alex Kyriazis for all information 251--591-9390 -LAH Commercial Real Estate is pleased to present this 20 unit value add Multifamily property located in Birmingham, AL just 13 minutes from the CBD. -All units are 1 Bedroom 1 Bathroom, with W/D connections; 18 of the 20 have been rehabbed, with 2 units being down vacant but in need of minimal repair. -16 of the 20 units are currently rented and rents are under market, thus providing instant cash flow opportunity for a prospective investor. -Property is located on +/- 2.18 AC of land with one empty lot where an additional 4 unit building used to be located, so the prospect of expansion is available. -High demand for additional renters in the area. -Call Alex Kyriazis 251-591-9390 for more details.
MLS# | 21399494 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Pending |
Year | 1949 |
Days On Site | 109 |
Listing Provided By | LAH Real Estate, Inc. | Maurice Humphries |
Basement | Y |
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Units | 20 |
State | AL |
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County | Jefferson |
City | BIRMINGHAM |
Zip Code | 35228 |
Area | Jefferson |
Community Name | AL |
Elementary School | CENTRAL PARK |
Middle School | GREEN ACRES |
High School | JACKSON-OLIN |
Listing VS Median (in AL) | |
Price: $1,095,000 low | high Med: $269,500 On Site: 109 low | high Med: 208.000000 |