NEWLY RENOVATED 18 UNIT BUILDING - Located in the Fountain Heights Area, less than 3 minutes off I-65. Units offer 2 bedrooms and 1 full bath. Includes eat in kitchen, dining room/living room combo and Washer/Dryer connections. Conveniently located near interstates, Uptown District, shopping areas. 15 of the 18 units have been fully renovated. Three are gutted ready for new finishes. After repair rental rate $800/mo per unit. Property will continue to lease up while listed.
Incoming producing Section 8 ready units with 3 established tenants. Two buildings included front brick triplex with one unit (Unit B) rented by same tenant for years. Unit C has been renovated and a tenant has occupied on 3/22/24 for a 12 month lease. Back building is full occupied by long term tenants. All 5 units are 2 bedrooms and 1 baths 828 sq ft. Professionally managed by Evernest Property Management.
This property is very close to UAB and Homewood and Lakeshore Drive shopping. This property has a Single Family House, with central heat and air, on it now that you can use or rent out before you start your new construction. A copy of the Survey is in pictures. In this CR5 Zoning Area some property is QB1. Commercial, Multifamily
Birmingham is located in Alabama. Birmingham, Alabama has a population of 202,234. Birmingham is less family-centric than the surrounding county with 14.76% of the households containing married families with children. The county average for households married with children is 27.03%.
The median household income in Birmingham, Alabama is $39,403. The median household income for the surrounding county is $58,330 compared to the national median of $69,021. The median age of people living in Birmingham is 36.2 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 32.3 degrees. The average rainfall is approximately 55.7 inches per year, with 1.3 inches of snow per year.