1403 3RD STREET N
Birmingham, AL 35204
- – beds
- – baths
- – sqft
- 1950 build
- – on site
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Welcome to this fantastic investment opportunity in the heart of Birmingham! This well-maintained mixed-use building features a storefront on the bottom and two spacious two-bedroom, one-bath apartments on the top floor, all currently tenant-occupied. The ground floor boasts a versatile storefront, perfect for a retail business, office space, or your creative vision. The large windows provide excellent visibility and natural light, making it an ideal space for attracting customers. Upstairs, you'll find two charming two-bedroom, one-bath apartments. Each unit offers comfortable living spaces with plenty of room to relax and entertain. These apartments are a fantastic income source, with long-term tenants in place.With all units currently tenant-occupied, this property presents a lucrative investment opportunity. Whether you're looking to expand your real estate portfolio or start your investment journey, this mixed-use building has the potential for solid rental income.
Listing courtesy of GALMLS / JWRE
Last checked:
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Last updated Mar 16, 2024
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MLS# 21368942 —
The Building
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Year Built:1950
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Year Built Description:Existing
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Construction:Brick and Frame, Concrete/Block
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Foundation:Slab
Interior
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Floors:Slate, Some Hardwood, Vinyl
Financial & Terms
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Financing:Cash, Conventional
Location
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Directions:I-65 North. Take Exit 261B for 6th Avenue North. Merge onto 6th Ave N. Turn right onto 14th St N. Continue on 14th St N, and after a short distance, you'll reach 3rd St N. You will find 1403 3rd St N at your destination on the left.
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Latitude:33.527955
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Longitude:-86.831561
The Property
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Legal Description:BEG NE INTER OF 3RD ST & 14TH AVE TH N 104 FT TH E 53 FT TH S 104 FT TH W 53 FT TO POB SEC 27 TP 17 R 3W
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Property Type:Triplex
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Flood Plain:No
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Class:MULTIFAMILY
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Miscellaneous:None/Other
Listing Agent
- Contact info:
- Office phone:
- (205) 407-4628
Taxes
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Parcel ID:22-00-27-4-001-004.000
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Tax District:BIRMINGHAM
The Listing
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Sales Type:As Is
Heating & Cooling
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Cooling:Individual Units (COOL), Window Units (COOL)
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Heating:Individual Units (HEAT), Window Units (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:TUGGLE
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Jr/Middle School:WILKERSON
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High School:PARKER
The Community
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Subdivision:AL
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Minor Subdivision:EAST THOMAS
Parking
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Parking:On Street Parking
Extra Units
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Total Units:3
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Type 1 Furnished:Some
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Type 1 Features:Den, Eating Area-Kitchen, Refrigerator, Sep Living, Stove
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Type 1 SqFt:832 Sqft
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Type 1 # of Units:1
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Type 1 # Bedrooms:2
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Type 1 # of Full Baths:1
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Type 2 Furnished:Some
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Type 2 Features:Den, Refigerator, Sep Living, Stove
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Type 2 SqFt:832 Sqft
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Type 2 # of Units:1
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Type 2 # Bedrooms:2
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Type 2 # Full Baths:1
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Type 3 Furnished:All
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Type 3 SqFt:1664
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Type 3 Features:Refigerator
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Type 3 # of Units:1
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Type 3 # Half 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 |
---|---|---|---|---|
3/13/24
Mar 13, 2024
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Sold | GALMLS | $75,000 | -31.8% |
3/8/24
Mar 8, 2024
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Pending | GALMLS | $110,000 | |
1/29/24
Jan 29, 2024
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Price Changed | GALMLS | $110,000 | -6.8% |