7735 Rugby Avenue, Birmingham, AL 35206

$599,900

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List Price
$599,900
Status
ACTIVE
MLS#
21428771
Price Change
▼ $20,000 1772488075
Year Built
1963
Region
EastLake, Woodlawn
Subdivision
Rugby Gardens

Property Description

Solid multifamily investment in the growing Eastlake/Woodlawn area of Birmingham. This 10-plex offers spacious 2 bedroom, 1 bath units averaging 650 sq. ft. each. Several units have been fully renovated, providing immediate value and appeal to tenants. Currently, 8 of the 10 units are leased with rents ranging from $600–$625/month, ensuring steady cash flow from day one. With upside potential in rental growth and continued renovations, this property is well-positioned for long-term returns.

Additional Information

Floors
Laminate, Wall-to-Wall Carpet
Cooling
Central Control (COOL), Window Units (COOL)
Parking
On Street Parking
Construction
Brick
Water
Public Water
Elementary School
Barrett
Middle School
Ossie Ware Mitchell
High School
Woodlawn

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Calculator source: Real Geeks

Listing courtesy of RealtySouth-Homewood.