1616 18TH PLACE
Property Description
Discover exceptional income potential with this brick 5-plex just steps away from the brand-new Coca-Cola Amphitheater, one of Birmingham's most exciting entertainment developments. Each of the five units features 2 bedrooms and 1 bathroom. Each unit will need AC installed and interior repairs before rent ready. Property has ample onsite parking and out door space for all tenents. The only expense while owner was renting was yard maintanence and a dumpster for tenants. Five 2BR/1BA units ideal size for long-term tenants or short term rentals. Property is priced considering the repairs needed to get back to rent ready condition. Current market rents range $700 - $800/mo. Located in a rapidly revitalizing corridor of North Birmingham, with the Coca-Cola Amphitheater, Uptown, BJCC, Protective Stadium, and much more to come!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $240,000 |
| No. of Units: | 5 |
| Year Built: | 1967 |
| Opportunity Zone: | No |
| Price per unit: | $48,000 |
| Property Website | Click Here |
| Number of Bedrooms: | 0 |
| Number of Bathrooms: | 0 |
ID: 3yd-BHAMMLSAL-21466040
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