NOT LISTED FOR SALE
12 Beds
6 Baths
4,374 Sq Ft
1971 Built

Last Sold May 07, 2024

Last sale price $360,000 $82 Per Sq Ft

15 Days on Market

About This Home

As of May 2024

**1609 11TH COURT NORTH, DOWNTOWN BIRMINGHAM** Introducing a lucrative opportunity in Downtown Birmingham - the 6-unit apartment building at an unbeatable price of $360,000. This value-add gem offers 2-bedroom, 1-bathroom units with rent rates below market value, presenting an instant growth potential for investors. Conveniently situated near Birmingham's Entertainment District and with easy access to interstate travel, this property boasts a prime location that tenants will find irresistible. With a building size of 4,372 sq ft ±, private parking for 8 vehicles, and units plumbed for gas and electric utilities, this investment ensures both convenience and value. Originally managed by Watts Realty Company from 2001 to 2022, it represents a promising opportunity for a new owner. Don't miss out on owning a piece of this vibrant market - seize the potential of 1609 11th Court North today.

Last Agent to Sell the Property

Chip Watts

Watts Realty Co Inc Listed on: 03/15/2024

Co-Listed By

David Watts

Watts Realty Co Inc

Last Buyer's Agent

Grant Linhart

Cotton State Realty, LLC

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $3,045

Year Built

  • Built in 1971

Parking

  • On-Street Parking

Home Design

  • Slab Foundation
  • Brick Frame

Flooring

  • Wall to Wall Carpet

Schools

  • Tuggle Elementary School
  • Wilkerson Middle School
  • Carver High School

Utilities

  • Window Unit Cooling System
  • Window Unit Heating System

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $11,849
  • Gross Income $33,840

Property Details

Home Type

Apartment

Est. Annual Taxes

$3,045

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Dual or Variable Rate Commission: Yes
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1971
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Floors: Wall-to-Wall Carpet

Exterior Features

  • Construction: Brick and Frame
  • Foundation: Slab
  • Water Heater: Individual Control

Garage/Parking

  • Parking: On Street Parking

Utilities

  • Heating: Window Units (HEAT)
  • Cooling: No Cooling, Window Units (COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 6

Schools

  • Elementary School: TUGGLE
  • Middle School: WILKERSON
  • High School: CARVER, G W

Lot Info

  • Assessor Parcel Number: 22-00-26-4-018-004.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 3045

Multi Family

  • Expenses: 11849
  • Gross Income: 33840

MLS Schools

  • Elementary School: TUGGLE
  • High School: CARVER, G W
  • Jr Middle School: WILKERSON

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2024 05/07/24 Sold $360,000 0.0% $82 / Sq Ft
03/30/2024 03/30/24 Pending -- -- --
03/15/2024 03/15/24 For Sale $360,000 -- $82 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Alabama MLS

MLS Number: 21380663

Greater Alabama MLS

APN: 22-26-4-018-004.000-RR-00