7733 5TH AVENUE S
Birmingham, AL 35206
- – beds
- – baths
- – sqft
- 1962 build
- – on site
Prime Investment Opportunity! This quadplex offers an outstanding chance for both new and seasoned investors, with a strong capitalization rate and proven rental history. Each occupied unit currently averages $750/month, with room to raise rents in the current market. Three out of the four units are already occupied, providing immediate cash flow, while the fourth unit offers additional potential. New tenants are already looking to occupy. Located in a high-demand area, this property is minutes away from major employers like Amazon, Birmingham–Shuttlesworth International Airport, UAB, and downtown Birmingham. Easy access to public transportation adds to its appeal. Don’t miss out on this ideal addition to your investment portfolio!
Last checked:
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Last updated Oct 26, 2024
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MLS# 21400211 —
The Building
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Year Built:1962
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Year Built Description:Existing
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Construction:Brick
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Foundation:Crawl Space
Interior
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Floors:Some Hardwood, Tile, Vinyl
Financial & Terms
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Financing:Cash, Conventional, FHA, VA
Location
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Directions:From I-20 E, Exit Oporto Madrid and turn left. Turn right on 5th Ave. S. Quadplex is on the right.
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Latitude:33.558303
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Longitude:-86.721399
The Property
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Legal Description:LOT 3 BLK 2 RUGBY GARDENS
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Property Type:Quadplex
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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) 879-6330
Taxes
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Parcel ID:23-00-14-2-020-005.000
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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)
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Heating:Electric (HEAT), Individual Units (HEAT)
Utilities
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Water:Public Water
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Sewer/Septic:Connected
Appliances
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Water Heater:Individual Control, Electric (WTRHTR)
Schools
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Elementary School:ROBINSON
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Jr/Middle School:OSSIE WARE MITCHELL
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High School:WOODLAWN
The Community
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Subdivision:AL
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Minor Subdivision:RUGBY GARDENS
Parking
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Parking:2 Spaces per Unit
Extra Units
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Total Units:4
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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:812 Sqft
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Type 1 # of Units:4
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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).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/17/24
Oct 17, 2024
|
Listed / Active | GALMLS | $350,000 | |
|
10/15/24
Oct 15, 2024
|
Coming Soon | GALMLS | $350,000 | 50.9% (19.7% / YR) |
|
3/15/22
Mar 15, 2022
|
GALMLS | $232,000 |
