- Overview
- Description
- Property Details
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- Getting Around
$699,900
-- Bed
- -- Bath
--sqft
2805 Avenue E, Birmingham, AL 35218
$699,900
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Apartment
Built in 1983
$-- HOA
-- sqft lot
--/sqft
Description
VALUE-ADD MULTIFAMILY INVESTMENT OPPORTUNITY! This offering includes two 6-unit buildings totaling 12 units in Birmingham's Ensley community, conveniently located near the Birmingham CrossPlex, Downtown Birmingham, UAB, shopping, dining, and major transportation corridors.
The property features 12 - 2-bedroom, 1.5-bath units, each with central HVAC, washer/dryer connections, and separately metered utilities. Currently 80% occupied, the property provides immediate income with vacant units available to turn and reposition.
Current rents are below market, creating significant upside through renovations, improved management, and rent optimization. Priced below appraised val...
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
Year Built
1983
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Greater Alabama MLS
MLS Number
21462575
MLS Status
Active - Active
Days on Market
5
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