5710 Monte Sano Drive, Birmingham, AL 35228

$2,200,000
List Price
$2,200,000
Status
ACTIVE
MLS#
1320127
Year Built
1950
Region
Ensley, Fairfield, Midfield, West End
Subdivision
Monte Sano

Property Description

Impressive Value Add Opportunity for this 30 unit Garden Apartment complex. Development consists of 7 buildings. Five buildings have been renovated. Two buildings remain requiring full renovation. The 30 units are comprised of 20 one bedrooms and 10 two bedroom units. Rising values in this area continue to add value to this property. Currently 19 units (18 one bedroom and 1 two bedroom) are rented. There are 11 units still in need of renovation (two 1 bedroom and nine 2 bedroom) All renovated units have unit controlled central air and heat, new vinyl energy efficient windows , new kitchens, updated bathroom, new hot water heaters and hardwood laminate throughout. All kitchens include a stove and refrigerator and some units have above range microwaves.

Additional Information

Floors
Laminate
Cooling
Central w/Ind Ctrl(COOL)
Parking
Other
Construction
Siding
Water
Public Water
Elementary School
Brown, Charles A.
Middle School
Green Acres
High School
Jackson-Olin

Mortgage Calculator

Amount of Loan
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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Expert Realty, Inc.