Have you been looking for multi family with growth potential? This six unit building is just what you need. Woodlawn is on a huge upswing and this building is perfect for you. Roof, HVAC, Electric, Plumbing, Windows all done in 2018. 6 parking spots in rear of building. Recently painted. All units have LVT flooring and same floorpan.4 tenants at 900, 1 tenant at 850, 1 unit for rent. Excellent place to get long term cash flow. Roughly 9% Cap rate after taxes, insurance, and maintenance.
Sold for $500,000 on 11/17/23
$500,000
6112 1st Ave S, Birmingham, AL 35212
2beds
650sqft
Apartment
Built in 1968
-- sqft lot
$-- Zestimate®
$769/sqft
$779 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 20, 2023 at 10:35am
Listed by:
Justin Mundie 901-603-6478,
eXp Realty, LLC Central
Bought with:
Davey Lanshaw
Bear Flag Property Management
Source: GALMLS,MLS#: 21363705
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central w/Ind Ctrl(HEAT)
Cooling
- Central w/Ind Ctrl(COOL)
Appliances
- Included: Electric Water Heater
Features
- Flooring: Vinyl
Interior area
- Total interior livable area: 650 sqft
Property
Parking
- Parking features: 1 Space per Unit
Details
- Parcel number: 2300211021007.000
- Special conditions: N/A
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Brick
- Foundation: Slab
Condition
- Year built: 1968
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & neighborhood
Location
- Region: Birmingham
- Subdivision: Woodlawn