$500,000
$519,900
3.8%For more information regarding the value of a property, please contact us for a free consultation.
6112 1ST AVENUE S Birmingham, AL 35212
2 Beds
1 Bath
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Woodlawn
MLS Listing ID 21363705
Sold Date 11/17/23
Bedrooms 2
Full Baths 1
Year Built 1968
Property Sub-Type Apartment
Property Description
Have you been looking for multi family with growth potential? This six unit building is just what you need. Woodlawn is on a huge upswing and this building is perfect for you. Roof, HVAC, Electric, Plumbing, Windows all done in 2018. 6 parking spots in rear of building. Recently painted. All units have LVT flooring and same floorpan.4 tenants at 900, 1 tenant at 850, 1 unit for rent. Excellent place to get long term cash flow. Roughly 9% Cap rate after taxes, insurance, and maintenance.
Location
State AL
County Jefferson
Area Eastlake, Woodlawn
Interior
Heating Central w/Ind Ctrl(HEAT)
Cooling Central w/Ind Ctrl(COOL)
Flooring Vinyl
Exterior
Parking Features 1 Space per Unit
Building
Foundation Slab
Sewer Connected
Water Public Water
Schools
Elementary Schools Avondale
Middle Schools Putnam, W E
High Schools Woodlawn
Others
Financing Cash,Conventional
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Bought with Bear Flag Property Management