Birmingham AL Multi Family for Sale
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1970
- Baths:
- MLS#:
- 21397638
- Subdivision:
- BIRMINGHAM
View additional info
Courtesy: Beycome Brokerage Realty
Steven Koleno
ADDITIONAL INFORMATION
A fantastic investment opportunity in Birmingham, AL! This property consists of 4 units spread across 2 separate buildings, each with identical square footage. Key features include: AC system that has been well-maintained (exact age available upon request) Tin roofs on both buildings for long-term durability and minimal upkeep. This multi-family property is ideal for investors looking for steady rental income in a high-demand area!
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1963
- Baths:
- MLS#:
- 21397055
- Subdivision:
- EAST LAKE
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Courtesy: Barnes & Associates
205-328-3330
Jessica McKnight
ADDITIONAL INFORMATION
This income-producing duplex offers a lucrative opportunity with short-term rental potential. The property boasts numerous recent upgrades including a new roof, gutter system, sewer line, water line to the meter, 2 HVAC systems, and 2 hot water heaters. Both units have been completely renovated, with modern finishes throughout. The sale includes all furniture and appliances, making it move-in or rental ready. Additionally, a new privacy fence enhances the property's appeal and value. A turnkey investment opportunity OR live in one unit and rent the other. Sits in a prime location, just 10 minutes from city center and 6 minutes from BHM International Airport.
$1,500,000
7720 MADRID AVENUE Birmingham, AL 35206
- Type:
- Apartment
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1964
- Baths:
- MLS#:
- 21387421
- Subdivision:
- EAST LAKE
View additional info
Courtesy: Bear Flag Property Management
205-733-0354
Davey Lanshaw
ADDITIONAL INFORMATION
20 unit Garden Apartment Buildings at 100% occupancy. Good mix of sec 8 tenants, responsible self-pay, and long-term tenants/residents. Market rents for these units now $800/door. All utilities in tenants' names. New HVAC in all units, new water heaters in large majority, newly refinished parking lot, exterior lighting, new railings for both buildings to code, flooring and paint. Ready for cash flow and appreciation as the Birmingham revitalization has already started moving to the east-laying neighborhoods. Less than 10 miles from downtown, East Lake is a desirable part of the city where tenants can be close to work, family, new shops, and nature. Less than a mile to Birmingham favorite Ruffner Mountain. Professional Management in place with established tenant relationships for ease of transition.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1930
- Baths:
- MLS#:
- 21381865
- Subdivision:
- EAST LAKE SOUTH HIGHLANDS
View additional info
Courtesy: Keller Williams Metro North
205-694-0300
Ron Kilgo
ADDITIONAL INFORMATION
Check out this property located in the East Lake Highlands area. Recently renovated, New Roof, fenced in back yard, HVAC Unit & duct work, New Cabinets, Tile & LVP flooring, Carpet, New Hot Water Heaters and updated Electrical in bottom unit. So much to see and do here. More Pictures coming soon. Schedule your appointment soon. Rare opportunity.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 21367332
- Subdivision:
- EAST LAKE
View additional info
Courtesy: Keller Williams Realty Vestavia
205-397-6500
Ashleigh Brook
ADDITIONAL INFORMATION
DUPLEX Opportunity! New roof, front & back decks have been rebuilt. Fresh Paint, new flooring, updated Kitchens and Bathrooms. Both units have washer/dryer hookups. Basement unfinished with partially fenced backyard. Separately metered. Current owner has not rented the property, but estimated rent in the area is 1,100 per month per unit.
Birmingham Real Estate
The median home value in Birmingham, AL is $66,900. This is lower than the county median home value of $124,900. The national median home value is $219,700. The average price of homes sold in Birmingham, AL is $66,900. Approximately 36.84% of Birmingham homes are owned, compared to 43.11% rented, while 20.05% 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 212,265. Birmingham 35206 is less family-centric than the surrounding county with 17.01% of the households containing married families with children. The county average for households married with children is 26.39%.
The median household income in Birmingham, Alabama 35206 is $33,770. The median household income for the surrounding county is $49,321 compared to the national median of $57,652. The median age of people living in Birmingham 35206 is 35.7 years.
Birmingham Weather
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 33.2 degrees. The average rainfall is approximately 55.8 inches per year, with 1.4 inches of snow per year.