1624 Richard Arrington Boulevard Unit 5 UNITS IN TOTAL, Birmingham, AL 35205

$2,850,000
3
BD
4
BA
2,404
SqFt

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List Price
$2,850,000
Status
COMING SOON-NO SHOW
MLS#
21461881
Year Built
2023
Bedrooms
3
Full-baths
3
Half-baths
1
Region
Downtown Birmingham, Southside
Subdivision
Khans 2nd Sth Highland Resur

Property Description

Rare turnkey 5-unit townhome portfolio in one of Birmingham's most rentable corridors between Homewood and Downtown, minutes from UAB. Five custom-built, low-maintenance homes offered as a single package. Each lives large with walls of windows and abundant light: main level with gas-fireplace living, appointed kitchen, and covered cedar-ceiling porch with gas grill line; second level with two bedroom suites and laundry; and a private third-floor primary retreat with luxury bath and oversized walk-in. Built to minimize CapEx: white oak floors, dual HVAC, instant hot water, and oversized garage levels with storage. In-place gross rent of $3,500/unit ($210,000/yr) in a supply-constrained, UAB-anchored location with durable demand and long-term upside. Uniform units, one location, streamlined single-owner management. A stabilized, professionally rentable asset base in an irreplaceable spot near Homewood, downtown dining, and Birmingham's largest job center. Inquire for more details.

Additional Information

Interior
None
Floors
Hardwood Laminate
Laundry
Laundry (UPLVL)
Basement
Full Basement
Fireplaces
1
Fireplace Desc
Tile (FIREPL), Gas Logs
Heating
Central (HEAT)
Cooling
Central (COOL)
Kitchen
Island
Exterior
Porch
Foundation
Basement
Parking
Lower Level
Garage Spaces
2
Construction
4 Sides Brick
Elementary School
Glen Iris
Middle School
Putnam, W E
High School
Carver
Total Square Feet
2404

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Calculator source: Real Geeks

Listing courtesy of Real Broker LLC.