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$624,900
Est. payment /mo
2 Beds
1 Bath
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Subdivision Rugby Gardens
MLS Listing ID 21428771
Bedrooms 2
Full Baths 1
Year Built 1963
Property Sub-Type Apartment
Property Description
Solid multifamily investment in the growing Eastlake/Woodlawn area of Birmingham. This 10-plex offers spacious 2 bedroom, 1 bath units averaging 650 sq. ft. each. Several units have been fully renovated, providing immediate value and appeal to tenants. Currently, 8 of the 10 units are leased with rents ranging from $600–$625/month, ensuring steady cash flow from day one. With upside potential in rental growth and continued renovations, this property is well-positioned for long-term returns.
Location
State AL
County Jefferson
Area Eastlake, Woodlawn
Interior
Heating Central Control (HEAT), Window Units (HEAT)
Cooling Central Control (COOL), Window Units (COOL)
Flooring Laminate, Wall-to-Wall Carpet
Exterior
Parking Features On Street Parking
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Schools
Elementary Schools Barrett
Middle Schools Ossie Ware Mitchell
High Schools Woodlawn
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/bham/21428771
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Listed by RealtySouth-Homewood
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