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3500 12TH AVENUE N

Birmingham, AL 35234
  • $485,900
  • STATUS: Active
  • ON SITE: 113 Days
  • MLS #: 21391447
UPDATED: 54 min ago
$485,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Information

Elementary School:
Middle School:
High School:
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of eXp Realty, LLC Central.
© 2024 Greater Alabama MLS.



Description

Discover a prime investment opportunity with this renovated multifamily 7-unit complex in Birmingham, perfectly situated to offer quick access to all major attractions and amenities. This apartment complex features six units with 1 bedroom and 1 bathroom each, and one spacious unit with 2 bedrooms and 1 bathroom. Over the past six months, the property has grossed over $76K, averaging $12K per month, leveraging popular rental platforms such as Airbnb, Booking.com, and HomeAway. Each unit comfortably accommodates at least 4 guests, allowing the entire complex to host up to 32 guests simultaneously, making it an ideal choice for large groups. Recently renovated to meet modern standards, the units are fully furnished and equipped with all essential amenities to ensure a comfortable and enjoyable stay. With its high occupancy rates and proven rental income, this multifamily complex represents a compelling investment with ease of management and significant revenue opportunities.

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Greater Alabama MLS (Birmingham Association of Realtors) logo © 2024 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or EXIT Realty Southern Select. Data last updated: 2024-11-01T23:31:20.707.

www.exitrealtysouthernselect.com/homes/152519705
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3500 12TH AVENUE N Birmingham, AL 35234

  • Price: $485,900
  • Status: Active
  • On Site: 113 Days
  • Updated: 54 min ago
  • MLS #: 21391447
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1955
Built
Neighborhood:
Norwood
County:
Jefferson
Area:
Inglenook, North Bham, Norwood, Tarrant
Elementary School:
North Birmingham
Middle School:
Hayes
High School:
Carver, G W
Property Description
Discover a prime investment opportunity with this renovated multifamily 7-unit complex in Birmingham, perfectly situated to offer quick access to all major attractions and amenities. This apartment complex features six units with 1 bedroom and 1 bathroom each, and one spacious unit with 2 bedrooms and 1 bathroom. Over the past six months, the property has grossed over $76K, averaging $12K per month, leveraging popular rental platforms such as Airbnb, Booking.com, and HomeAway. Each unit comfortably accommodates at least 4 guests, allowing the entire complex to host up to 32 guests simultaneously, making it an ideal choice for large groups. Recently renovated to meet modern standards, the units are fully furnished and equipped with all essential amenities to ensure a comfortable and enjoyable stay. With its high occupancy rates and proven rental income, this multifamily complex represents a compelling investment with ease of management and significant revenue opportunities.
Exterior Features

Multifamily Property Type Apartment

Interior Features

Cooling Electric (COOL) Floors VinylWall-to-Wall Carpet Foundation Crawl Space Heating Electric (HEAT) Type One Bedrooms 2 Type One Full Baths 1 Type One Furnished ASN All Type One Half Baths 0 Type Two Bedrooms 1 Type Two Full Baths 1 Type Two Furnished ASN All Type Two Half Baths 0

Property Features

Construction Brick and Frame Expense Term Per Month Expenses 0 Financing CashConventional Miscellaneous None/Other Sales Type N/A Sewer Septic Connected Tenant Pays No Utilities (TENANT) Type One Features RefrigeratorStoveWasher/Dryer Connection Type One Units 1 Type Two Features RefigeratorStoveWasher/Dryer Connection Type Two Units 6 Water Public Water Water Heater Electric (WTRHTR) Year Built Desc Existing

Listing provided by eXp Realty, LLC Central: (888) 923-5547.


Greater Alabama MLS (Birmingham Association of Realtors) logo © 2024 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or EXIT Realty Southern Select. Data last updated: 2024-11-01T23:31:20.707.

 
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EXIT Realty Southern Select
196 Main St
Trussville AL, 35173
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of eXp Realty, LLC Central.
© 2024 Greater Alabama MLS.