1616 18th Place, Birmingham, AL 35234

$280,000

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List Price
$280,000
Status
ACTIVE
MLS#
21446927
Year Built
1967
Region
Inglenook, North Bham, Norwood, Tarrant
Subdivision
Druid Hills

Property Description

Discover exceptional income potential with this brick 5-plex just steps away from the brand-new Coca-Cola Amphitheater, one of Birmingham’s most exciting entertainment developments. Each of the five units features 2 bedrooms and 1 bathroom. Each unit will need AC installed and interior repairs before rent ready. Property has ample onsite parking and out door space for all tenents. The only expense while owner was renting was yard maintanence and a dumpster for tenants. Five 2BR/1BA units ideal size for long-term tenants or short term rentals. Property is priced considering the repairs needed to get back to rent ready condition. Current market rents range $700 - $800/mo. Located in a rapidly revitalizing corridor of North Birmingham, with the Coca-Cola Amphitheater, Uptown, BJCC, Protective Stadium, and much more to come!

Additional Information

Floors
Vinyl
Cooling
Central Control (COOL)
Parking
1 Space per Unit
Construction
Brick
Water
Public Water
Elementary School
Lewis
Middle School
Wilkerson
High School
Carver, G W

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Calculator source: Real Geeks

Listing courtesy of Bham Realty, LLC.