10 2ND AVENUE SW
Birmingham, AL 35211
- – beds
- – baths
- – sqft
- 1957 build
- – on site
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5-plex Fully occupied and Cash Flowing! Interested in starting your Multi-Family investment journey with a turnkey property under $230k? This complex is fully occupied with Quality tenants. All units are separately metered (Electric and Water) tenants are responsible for all utilities. Rents have room to be increased and all tenants are leasing on a month to month basis. Total current rents of $2,075/month, tenants would all like to stay but market rents are in the range of $3,300/month. Photos shown are of the two different types of units. The complex consists of 2 units 1 bedroom 1 bath and 3 units 2 bedroom 1 bath.
Last checked:
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Last updated May 22, 2024
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MLS# 21379674 —
The Building
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Year Built:1957
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Year Built Description:Existing
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Construction:Brick
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Foundation:Slab
Interior
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Floors:Some Hardwood, Tile, Wall-to-Wall Carpet
Financial & Terms
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Financing:Cash, Conventional, FHA, VA
Location
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Directions:Travel north on Goldwire St SW and take a right onto 2nd Ave SW. Property will be on your left at the end of the street.
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Latitude:33.496288
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Longitude:-86.833856
The Property
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Property Type:Apartment
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Flood Plain:No
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Class:MULTIFAMILY
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Miscellaneous:None/Other
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Legal Description:LOTS 12 & 13 BLK 1 LUCY E SMITH RESUR OF BLK 8 & 9 WALKER LAND CO
Listing Agent
- Contact info:
- Office phone:
- (205) 767-8553
Taxes
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Parcel ID:29-00-03-4-011-010.000
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Tax District:BIRMINGHAM
The Listing
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Sales Type:N/A
Heating & Cooling
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Cooling:Central Control (COOL), Electric (COOL)
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Heating:Central Control (HEAT), Electric (HEAT)
Utilities
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Water:Public Water
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Sewer/Septic:Connected
Appliances
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Water Heater:Electric (WTRHTR)
Schools
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Elementary School:WASHINGTON
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Middle Or Junior School:BOOKER T WASHINGTON
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High School:PARKER
The Community
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Subdivision:AL
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Minor Subdivision:LUCY E SMITH
Parking
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Parking:On Street Parking
Extra Units
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Total Units:5
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Type 1 Furnished:None
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Type 1 Features:Eating Area-Kitchen, Refrigerator, Sep Living, Stove
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Type 1 SqFt:454 Sqft
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Type 1 # of Units:2
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Type 1 # Bedrooms:1
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Type 1 # of Full Baths:1
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Type 2 Furnished:None
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Type 2 Features:Eating Area-Kitchen, Refigerator, Sep Living, Stove
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Type 2 SqFt:687 Sqft
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Type 2 # of Units:3
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Type 2 # Bedrooms:2
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Type 2 # Full Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/13/24
May 13, 2024
|
Sold | GALMLS | $176,860 | -21.4% |
4/3/24
Apr 3, 2024
|
Sold Subject To Contingencies | GALMLS | $225,000 | |
3/14/24
Mar 14, 2024
|
Listed / Active | GALMLS | $225,000 |