7733 5TH AVENUE S Contingent

Birmingham,AL 35206

$ 350000

2 Beds

1 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Contingent

Purchase Type For Sale

Subdivision Rugby Gardens

MLS Listing ID 21400211

Bedrooms 2

Full Baths 1

Year Built 1962

Property Description

Prime Investment Opportunity! This quadplex offers an outstanding chance for both new and seasoned investors, with a strong capitalization rate and proven rental history. Each occupied unit currently averages $750/month, with room to raise rents in the current market. Three out of the four units are already occupied, providing immediate cash flow, while the fourth unit offers additional potential. New tenants are already looking to occupy. Located in a high-demand area, this property is minutes away from major employers like Amazon, Birmingham?Shuttlesworth International Airport, UAB, and downtown Birmingham. Easy access to public transportation adds to its appeal. Don?t miss out on this ideal addition to your investment portfolio!

Location

State AL

County Jefferson

Area Eastlake, Woodlawn

Interior

Heating Electric (HEAT),Individual Units (HEAT)

Cooling Individual Units (COOL)

Flooring Some Hardwood,Tile,Vinyl

Exterior

Garage 2 Spaces per Unit

Building

Foundation Crawl Space

Sewer Connected

Water Public Water

Schools

Elementary Schools Robinson

Middle Schools Ossie Ware Mitchell

High Schools Woodlawn

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