2400 19TH AVENUE
Bessemer, AL 35020
- – beds
- – baths
- – sqft
- 1950 build
- – on site
Investment Opportunity: 12-Unit Apartment Complex Near New Star Development & Amphitheater** 12 Units | 10 x 2 Bed/1 Bath, 2 x 1 Bed/1 Bath Located just one block away from the exciting new Star Development and the brand-new amphitheater in North Birmingham, this 12-unit apartment complex offers a prime investment opportunity in a rapidly growing area. The property features 10 two-bedroom, one-bath units and 2 one-bedroom, one-bath units, all with upgraded interiors. Recent improvements include new plumbing, electrical systems, water heaters, LVP flooring, and renovated kitchens and bathrooms. Exterior upgrades include a metal roof (replaced around 15 years ago), new exterior stairs, and electrical wiring in place for a mini-split HVAC system.With the vibrant development just steps away, this location is primed for rental growth and long-term value appreciation, making it ideal for investors looking for both immediate rental income and future gains.
Last checked:
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Last updated Nov 5, 2024
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MLS# 21402039 —
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
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Foundation:Slab
Interior
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Floors:Laminate
Financial & Terms
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Financing:Cash, Conventional, FHA
Location
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Directions:Going north bound on HWY 65 from Birmingham, get off on the Finley Blvd exit, turn right on 24th St N and the property will be on your left after approximately 10 blocks
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Latitude:33.41812
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Longitude:-86.981055
The Property
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Legal Description:LOTS 1 2 & 3 BLK 862-A BESS C I & LD COS SUR OF BESS
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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:Pets Not Allowed
Listing Agent
- Contact info:
- Office phone:
- (888) 219-3009
Taxes
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Parcel ID:38-00-05-2-015-001.000
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Tax District:BESSEMER
The Listing
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Sales Type:As Is
Heating & Cooling
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Cooling:Window Units (COOL)
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Heating: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:NORWOOD
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Jr/Middle School:BESSEMER CITY
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High School:BESSEMER CITY
The Community
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Subdivision:AL
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Minor Subdivision:METES & BOUNDS
Parking
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Parking:2 Spaces per Unit
Extra Units
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Total Units:12
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Type 1 Furnished:None
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Type 1 Features:Washer/Dryer Connection
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Type 1 SqFt:875 Sqft
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Type 1 # of Units:12
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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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/5/24
Nov 5, 2024
|
Listed / Active | GALMLS | $899,000 |
