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$ 350,000
Est. payment | /mo
2 Beds
1 Bath
$ 350,000
Est. payment | /mo
2 Beds
1 Bath
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Subdivision Rugby Gardens
MLS Listing ID 21400211
Bedrooms 2
Full Baths 1
Year Built 1962
Property Description
Prime Investment Opportunity! This quadplex offers an outstanding chance for both new and seasoned investors, with a strong capitalization rate and proven rental history. Each occupied unit currently averages $750/month, with room to raise rents in the current market. Three out of the four units are already occupied, providing immediate cash flow, while the fourth unit offers additional potential. New tenants are already looking to occupy. Located in a high-demand area, this property is minutes away from major employers like Amazon, Birmingham–Shuttlesworth International Airport, UAB, and downtown Birmingham. Easy access to public transportation adds to its appeal. Don’t miss out on this ideal addition to your investment portfolio!
Location
State AL
County Jefferson
Area Eastlake, Woodlawn
Interior
Heating Electric (HEAT), Individual Units (HEAT)
Cooling Individual Units (COOL)
Flooring Some Hardwood, Tile, Vinyl
Exterior
Garage 2 Spaces per Unit
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Schools
Elementary Schools Robinson
Middle Schools Ossie Ware Mitchell
High Schools Woodlawn
Others
Financing Cash,Conventional,FHA,VA
Listed by RealtySouth-MB-Crestline