Prime Investment Opportunity! This quadplex offers an outstanding chance for both new and seasoned investors, with a strong capitalization rate and proven rental history. Each occupied unit currently averages $750/month, with room to raise rents in the current market. Three out of the four units are already occupied, providing immediate cash flow, while the fourth unit offers additional potential. New tenants are already looking to occupy. Located in a high-demand area, this property is minutes away from major employers like Amazon, Birmingham-Shuttlesworth International Airport, UAB, and downtown Birmingham. Easy access to public transportation adds to its appeal. Don’t miss out on this ideal addition to your investment portfolio!
MLS# | 21400211 |
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Listing Type | For Sale |
Style | Town House |
Sub-Type | Resale |
Status | Active |
Year | 1962 |
Days On Site | 101 |
Listing Provided By | RealtySouth-MB-Crestline | James Faulkner |
Basement | Y |
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Units | 4 |
State | AL |
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County | Jefferson |
City | BIRMINGHAM |
Zip Code | 35206 |
Area | Jefferson |
Community Name | AL |
Elementary School | ROBINSON |
Middle School | OSSIE WARE MITCHELL |
High School | WOODLAWN |
Listing VS Median (in AL) | |
Price: $350,000 low | high Med: $269,500 On Site: 101 low | high Med: 208.000000 |