2020 22ND AVENUE
Birmingham, AL 35234
- – beds
- – baths
- – sqft
- 1979 build
- – on site
Don't miss out!! Under rented Apartment Building in North Birmingham. This area will be sure to appreciate very nicely with the $250mil+ the city is planning to put into the area. Start your investing journey with a property that will be sure to appreciate greatly in rents and value over the next 5-10 years. New Roof, all units have been renovated to market condition. Most units have been brought up to market rents but some are still below. Average rent per unit is $609, compared to the market of $750/per unit. One unit is vacant and the rest are occupied and paying on time. Large parking lot with plenty of space for all tenants who have a vehicle. Gross Rent per month: $9,645 Roof replaced 2023, all units that have new tenants have had a complete remodle. Lots of deferred mainteance taken care of by the current owner.
Last checked:
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Last updated Nov 22, 2024
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MLS# 21399855 —
The Building
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Year Built:1979
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Year Built Description:Existing
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Construction:Concrete/Block
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Foundation:Slab
Interior
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Floors:Tile, Vinyl
Financial & Terms
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Financing:Cash, Conventional
Location
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Directions:Traveling South on I-65 towards Birmingham Get off on Exit 262B Finely Blvd, Slight right onto 18th st N, Turn Left onto 21st st N, Turn right onto 22nd avenue N, Property on right
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Latitude:33.53843
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Longitude:-86.819906
The Property
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Legal Description:LOT 1-A RESUR OF J C WESTBROOK 117/37
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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:Security System
Listing Agent
- Contact info:
- Office phone:
- (205) 767-8553
Taxes
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Parcel ID:22-00-23-4-004-030.000
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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), Window Units (COOL)
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Heating:Central w/Ind Ctrl(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:NORWOOD
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Jr/Middle School:ARRINGTON
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High School:CARVER, G W
The Community
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Subdivision:AL
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Minor Subdivision:WESTBROOK
Parking
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Parking:2 Spaces per Unit
Extra Units
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Total Units:16
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Type 1 Furnished:None
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Type 1 Features:Eating Area-Kitchen, Refrigerator, Stove, Washer/Dryer Connection
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Type 1 SqFt:750 Sqft
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Type 1 # of Units:16
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Type 1 # Bedrooms:2
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Type 1 # of 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).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/10/24
Oct 10, 2024
|
Listed / Active | GALMLS | $925,000 | 32.1% (18.5% / YR) |
|
1/16/23
Jan 16, 2023
|
GALMLS | $700,000 | ||
|
12/9/22
Dec 9, 2022
|
GALMLS |
