Investment Opportunity: Income-Producing Duplexes Near Downtown Birmingham. Discover the perfect addition to your investment portfolio with this spacious duplex, conveniently located just minutes from downtown Birmingham. Offered as a package, this rare opportunity includes two 2-bedroom, 1-bathroom units, two currently occupied, ensuring immediate income potential. Whether you're a seasoned investor or just starting, this package offers the earning potential you've been. Current Cap rate more than 7%. DO NOT DISTURB TENANTS
This 4-unit property is a fantastic opportunity for investors looking for value and upside potential! Each unit features 2 bedrooms and 1 bathroom, with 800 square feet of living space. Bringing in $3,500 gross income while leaving room for growth. The property has great bones and is ready for a thoughtful update to attract higher rents. This is a great chance to invest in a growing neighborhood with plenty of upside!
This 4-unit property is a fantastic opportunity for investors looking for value and upside potential! Each unit features 2 bedrooms and 1 bathroom, with 800 square feet of living space. Bringing in $3,500 gross income while leaving room for growth. The property has great bones and is ready for a thoughtful update to attract higher rents. This is a great chance to invest in a growing neighborhood with plenty of upside!
Spacious Duplex in East Lake, Birmingham: An Exceptional Investment Opportunity, perfect for investors or homeowners seeking rental income. Key Features: Both units have been meticulously maintained, with the main line recently scoped and a new roof installed just two years ago, ensuring peace of mind for future owners. Ample Parking and Outdoor Space: Enjoy off-street parking and fully fenced backyards with convenient alley access, providing privacy and security for residents. Unit A Highlights:Spacious Layout: Features 4 bedrooms and 2 bathrooms, offering ample space for families or multiple tenants. Modern Renovations: Equipped with all-new wiring, a new HVAC system, new ductwork, modern cabinets, and durable tile floors. A new water heater completes the package, ensuring efficiency and comfort. Unit B Highlights: Cozy and Updated: Includes 2 bedrooms and 1 bathroom, making it a perfect for smaller households.
Investor Opportunity in Birmingham! This duplex near downtown Birmingham is the perfect chance to complete an already-started project and create a fantastic income-producing property. Each unit features 1 bedroom and 1 bathroom, making it ideal for tenants seeking affordable living close to the city center. The property has undergone significant work, with many updates already in place, but it will need finishing touches to reach its full potential. Located just minutes from downtown Birmingham, this property offers convenience and accessibility to shopping, dining, and entertainment, making it highly desirable for future tenants. Whether you're an experienced investor or looking for your next project, this duplex is a great opportunity to add value and maximize returns. Donâ??t miss out on this promising investment!
This 13-unit apartment building in East Lake offers an incredible investment opportunity! It includes twelve 2-bedroom, 1-bath units and one 1-bedroom, 1-bath unit, all currently vacant and ready for a full rehab. With a brand-new roof, tenant parking, and a spacious corner lot, there's plenty of potential to create modern, appealing living spaces. This property is perfect for investors ready to bring in their contractor and start transforming this fixer-upper into an updated, income-generating asset. Don't miss out on this promising project!
Great investment opportunity in Birmingham. Quadplex in East Lake that is ready to rent and begin making money. Roof age estimate is less than 10 years old Window units for A/C and central heating for downstairs - not sure of age Plumbing and Electrical updated in 2017. Start your investment portfolio today.
The median home value in Birmingham, AL is $101,300. This is lower than the county median home value of $204,200. The national median home value is $338,100. The average price of homes sold in Birmingham, AL is $101,300. Approximately 36.47% of Birmingham homes are owned, compared to 43.12% rented, while 20.41% are vacant. Birmingham real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Birmingham real estate agent to arrange a tour today!
Birmingham, Alabama 35206 has a population of 202,234. Birmingham 35206 is less family-centric than the surrounding county with 13.49% of the households containing married families with children. The county average for households married with children is 27.03%.
The median household income in Birmingham, Alabama 35206 is $39,403. The median household income for the surrounding county is $58,330 compared to the national median of $69,021. The median age of people living in Birmingham 35206 is 36.2 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 32.3 degrees. The average rainfall is approximately 55.7 inches per year, with 1.3 inches of snow per year.