304 2ND TERRACE
Birmingham, AL 35204
- – beds
- – baths
- – sqft
- 1965 build
- – on site
Attention investors looking for VALUE ADD!! Amazing OPPORTUNITY ZONE property with (10) 2 bed/1bath. This is a 2 story property with 10 units and 6960 Sq.ft. The property requires a full renovation. All units are 2 bed/1bath and there are no previous rent rolls. Second building burned down, so footprint could be rebuilt for another (10) 2/1 units. The building in the photo are the 10 units needing renovation. There is another building to the right that was in the process of renovations when it burnt to the ground. Current owner guesses with another $5000 in framing, the building in the photos would be ready to start roughing in electrical and plumbing. We do not have a quote in writing, but renovation of each unit came in at an estimate of $51,000 per door. This would include rebuilding the front stairs and the back stairs and all of the exterior work included in that number.
Last checked:
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Checking…
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Last updated Feb 1, 2025
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MLS# 21407967 —
The Building
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Year Built:1965
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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:Other
Financial & Terms
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Financing:Cash
Location
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Directions:Take 3rd Ave. N to left on 2nd Ct. N to slight right on 2nd Terrace N.
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Latitude:33.506094
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Longitude:-86.831092
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:Handyman Special
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Legal Description:LOTS 10 THRU 13 BLK 33 (SOUTH) SMITHFIELD 1/149
Listing Agent
- Contact info:
- Office phone:
- (205) 397-6500
Taxes
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Parcel ID:29-00-03-1-001-001.000
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Tax District:BIRMINGHAM
The Listing
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Sales Type:As Is
Heating & Cooling
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Cooling:No Cooling
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Heating:No Heat
Utilities
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Water:Public Water
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Sewer/Septic:Connected
Appliances
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Water Heater:None
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:SMITHFIELD SOUTH
Parking
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Parking:Other
Extra Units
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Total Units:10
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Type 1 Furnished:None
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Type 1 Features:Den
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Type 1 SqFt:6,960 Sqft
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Type 1 # of Units:10
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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 |
|---|---|---|---|---|
|
1/29/25
Jan 29, 2025
|
Listed / Active | GALMLS | $100,000 |
