1609 6TH STREET N Active

Birmingham,AL 35204

$ 1690000

2 Beds

1 Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Fountain Heights

MLS Listing ID 21422688

Bedrooms 2

Full Baths 1

Year Built 1973

Property Sub-Type Apartment

Property Description

100% OCCUPIED as final tenant moves in shortly. Amazing opportunity to purchase this renovated 24-unit property close to downtown! All units are 2bed 1bath and have been rehabbed in the past 3 years. All plumbing walls redone including plumbing stacks. New plumbing and updated electrical. New Kitchens and bathrooms- cabinets and all! New LVP throughout main living and new carpet in bedrooms. All new Metal Roofs! Interior and all exterior has been newly painted. New heat/air units - mounted under kitchen window. Newly paved parking lot! 1/2 of the tenants are Section 8. Projected Gross income of $226,306 yearly. Projected NOI for next year is $174,871. NO OPTION FOR SELLER FINANCING!

Location

State AL

County Jefferson

Area Downtown Birmingham, Southside

Interior

Heating Window Units (HEAT)

Cooling Other

Flooring Laminate,Wall-to-Wall Carpet

Exterior

Parking Features 2 Spaces per Unit,Guest Parking

Building

Foundation Slab

Sewer Connected

Water Public Water

Schools

Elementary Schools Tuggle

Middle Schools Wilkerson

High Schools Parker

Others

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