1435 15th Ave Unit 1-5, Birmingham, AL 35205

$309,000
Sold Price
$309,000
List Price
$339,900
Status
SOLD
MLS#
804197
Closing Date
Aug 15, 2018
Year Built
1920
Region
Downtown Birmingham, Southside
Subdivision
Southside

Property Description

NEW PRICE! Great Investment Opportunity! Fully leased! Well maintained historic home converted to 5 apartments. This property has maintained many historic features of Southside home from the 1920's. Excellent Rental History! Lots of potential for increased rents. - 5 units o Basement Unit – 1/1 – good space for a 1/1 - $550 o Main floor right – 1/1 - $640 o Main floor left – 2/1 - $725 o Top floor right – 1/1 - $600 o Top floor left – 2/1 - $675 - Total Monthly Gross Rent - $3190 - $38,280 annually - Owner pays water bill $150-$200/month - All HVAC units either replaced or significant updates in past 7 years, regularly maintained - Roof less than 7 years old - Aquaguard Water Proofing System with Warranty - Insurance around $3400/year - Taxes around $2500/year Please allow 2-3 days for all showings, 48 hour notice required for tenants. Listing agent is co-owner and a licensed real estate agent in the State of Alabama.

Additional Information

Floors
Laminate, Some Hardwood, Tile
Basement
Partial Basement
Cooling
Ceiling Fans, Electric (COOL), Individual Units (COOL)
Construction
Brick, Concrete/Block, Frame, Shingle, Siding
Water
Public Water
Elementary School
Glen Iris
Middle School
Arrington
High School
Carver, G W

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of ERA King Real Estate Vestavia. Selling Office: ERA King Real Estate Vestavia.