AL > Birmingham > Druid Hills
Birmingham, AL 35234,1616 18TH PLACE
Birmingham, AL 35234,1616 18TH PLACE
Birmingham, AL 35234,1616 18TH PLACE
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Karl Heckman

Karl Heckman

+1(205) 492-5669
$330,000
Est. payment /mo
2 Beds
1 Bath
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Druid Hills

MLS Listing ID 21440470

Bedrooms 2

Full Baths 1

Year Built 1967

Property Sub-Type Apartment

Property Description

Discover exceptional income potential with this updated, rent-ready 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 and central heat/air, making this property an attractive option for renters seeking convenience, affordability, and proximity to new amenities. 5 new HVACs to be installed prior to closing. Five 2BR/1BA units ideal size for long-term tenants or short term rentals. Recently updated and rent-ready for tenants. Well below market value, the property appraised for 365k! Current market rents range $850–$950 per unit, with strong upside potential as the surrounding area continues to grow and redevelop. Located in a rapidly revitalizing corridor of North Birmingham, with the Coca-Cola Amphitheater, Uptown, BJCC, Protective Stadium, and much more to come!

Location

State AL

County Jefferson

Area Inglenook, North Bham, Norwood, Tarrant

Interior

Heating Central w/Ind Ctrl(HEAT)

Cooling Central Control (COOL)

Flooring Vinyl

Exterior

Parking Features 1 Space per Unit

Building

Foundation Crawl Space

Sewer Connected

Water Public Water

Schools

Elementary Schools Lewis

Middle Schools Wilkerson

High Schools Carver, G W

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/bham/21440470

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Listed by Bham Realty, LLC

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Karl Heckman

Karl Heckman

+1(205) 492-5669

Agent | License ID: 404705553965768

Agent License ID: 404705553965768

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