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1400 20TH PLACE

Birmingham, AL 35234
  • $750,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 1328929
UPDATED: 92 min ago
$750,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1970
County:

School Information

Elementary School:
Middle School:
High School:
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Arc Realty.
© 2022 Greater Alabama MLS.



Description

20 Total Units in ideal location of Birmingham! Each property is made up of 10 two bedroom/1 bath Units. Features at 1400 20th Pl N include recently turned/updated units with fresh paint, new hardwood laminate flooring, new roof & updated exterior paint. 9 of the 10 Units at 1400 20th Pl N are on VA Vouchers that have passed inspection & been approved for $795/month. There is one traditional tenant who is currently on a month to month basis at $600/month. The 2nd complex is 2305 21st Ave N, MLS: , & features a metal roof, turned in 2020. This building features 7 units currently rented at $600/month, 1 at $650/month & 2 that are currently going through the process to fill with 2 additional VA Vouchers at $795/month. Tons of potential to increase rents immediately on this building. Seller is offering all 20 Units at $1,300,000 or $65K/Door. Contact your agent today to schedule a tour. Please do not disturb tenants.

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Greater Alabama MLS (Birmingham Association of Realtors) logo © 2022 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Kellie Drozdowicz Group | Keller Williams Homewood. Data last updated: 2022-08-18T20:30:30.77.

www.kelliedgroup.com/homes/131227654
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1400 20TH PLACE Birmingham, AL 35234

  • Price: $750,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 92 min ago
  • MLS #: 1328929
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1970
Built
Neighborhood:
Norwood
County:
Jefferson
Area:
Inglenook, North Bham, Norwood, Tarrant
Elementary School:
Norwood
Middle School:
Wilkerson
High School:
Carver, G W
Property Description
20 Total Units in ideal location of Birmingham! Each property is made up of 10 two bedroom/1 bath Units. Features at 1400 20th Pl N include recently turned/updated units with fresh paint, new hardwood laminate flooring, new roof & updated exterior paint. 9 of the 10 Units at 1400 20th Pl N are on VA Vouchers that have passed inspection & been approved for $795/month. There is one traditional tenant who is currently on a month to month basis at $600/month. The 2nd complex is 2305 21st Ave N, MLS: , & features a metal roof, turned in 2020. This building features 7 units currently rented at $600/month, 1 at $650/month & 2 that are currently going through the process to fill with 2 additional VA Vouchers at $795/month. Tons of potential to increase rents immediately on this building. Seller is offering all 20 Units at $1,300,000 or $65K/Door. Contact your agent today to schedule a tour. Please do not disturb tenants.
Exterior Features

Multifamily Property Type Apartment

Interior Features

Cooling Window Units (Cool) Floors Laminate Foundation Slab Heating Electric (Heat) Type One Bedrooms 2 Type One Full Baths 1 Type One Furnished ASN None Type One Half Baths 0

Property Features

Construction Brick Expenses 15750 Financing CashConventional Miscellaneous None/Other Sales Type N/A Sewer Septic Connected Tenant Pays All Utilities (Tenant) Type One Features DenRefrigeratorStove Type One Units 10 Type Three Units 0 Type Two Units 0 Water Public Water Water Heater Electric (Wtrhtr) Year Built Desc Existing

Listing provided by Arc Realty: 205-969-8910.


Greater Alabama MLS (Birmingham Association of Realtors) logo © 2022 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Kellie Drozdowicz Group | Keller Williams Homewood. Data last updated: 2022-08-18T20:30:30.77.

 
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Kellie Drozdowicz Group | Keller Williams Homewood
3040 Independence Drive
Homewood AL, 35209
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Arc Realty.
© 2022 Greater Alabama MLS.