2020 22ND AVENUE Birmingham, AL 35234

Don't miss out!! Under rented Apartment Building in North Birmingham. This area will be sure to appreciate very nicely with the $250mil+ the city is planning to put into the area. Start your investing journey with a property that will be sure to appreciate greatly in rents and value over the next 5...-10 years. New Roof, all units have been renovated to market condition. Most units have been brought up to market rents but some are still below. Average rent per unit is $609, compared to the market of $750/per unit. One unit is vacant and the rest are occupied and paying on time. Large parking lot with plenty of space for all tenants who have a vehicle. Gross Rent per month: $9,645 Roof replaced 2023, all units that have new tenants have had a complete remodle. Lots of deferred mainteance taken care of by the current owner. Continue reading