NOT LISTED FOR SALE
4 Beds
4 Baths
2,800 Sq Ft
1958 Built

Last Sold August 09, 2024

Last sale price $190,000 $68 Per Sq Ft

11 Days on Market

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of August 2024

Why own one single family home when you can purchase a quadplex for $199,000? This quad plex features four fully occupied 1 bedroom, 1 bath units with separately metered electric and a roof that is approximately only two years old! It is four sides brick and on a level lot for easy maintenance. Currently it grosses $2225 monthly in rent plus there is huge value add potential with nearby comps renting at $750 monthly for a smaller square footage unit....that would be $3,000 monthly in pro forma rents. Reach out today for more info on this awesome investment opportunity located close to the Birmingham Crossplex and all the flips happening in Bush Hills!

Last Agent to Sell the Property

John Street

Keller Williams Realty Vestavia Listed on: 06/18/2024

Keller Williams Realty Vestavia

Last Buyer's Agent

John Street

Keller Williams Realty Vestavia Listed on: 06/18/2024

Keller Williams Realty Vestavia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,653

Year Built

  • Built in 1958

Parking

  • Assigned Parking

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • Ceiling Fan
  • Crawl Space

Flooring

  • Wood
  • Tile
  • Vinyl

Schools

  • Central Park Elementary School
  • Green Acres Middle School
  • Jackson-Olin High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities (tenant)

Community Details

Overview

  • 4 Units

Building Details

  • Operating Expense $2,400
  • Gross Income $27,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,653

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Quadplex
  • Year Built Description: Existing
  • Year Built: 1958
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1958

Interior Features

  • Floors: Some Hardwood, Tile, Vinyl

Exterior Features

  • Construction: Brick
  • Foundation: Crawl Space
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: Assigned

Utilities

  • Heating: Central w/Ind Ctrl(HEAT)
  • Cooling: Ceiling Fans, Central w/Ind Ctrl(COOL)
  • Sewer/Septic System: Connected
  • Water: Public Water

Condo/Co-op/Association

  • Total Units: 4

Schools

  • Elementary School: CENTRAL PARK
  • Middle School: GREEN ACRES
  • High School: JACKSON-OLIN

Lot Info

  • Assessor Parcel Number: 29-00-05-1-011-010.000

Rental Info

  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 2653

Multi Family

  • Expenses: 2400
  • Gross Income: 27300

MLS Schools

  • Elementary School: CENTRAL PARK
  • High School: JACKSON-OLIN
  • Jr Middle School: GREEN ACRES

Range of Values:

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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
08/09/2024 08/09/24 Sold $190,000 -4.5% $68 / Sq Ft
06/18/2024 06/18/24 For Sale $199,000 -8.3% $71 / Sq Ft
06/21/2021 06/21/21 Sold $217,000 +17.3% $101 / Sq Ft
04/24/2021 04/24/21 For Sale $185,000 +400.0% $86 / Sq Ft
01/18/2013 01/18/13 Sold $37,000 -7.5% --
12/18/2012 12/18/12 Pending -- -- --
12/18/2012 12/18/12 For Sale $40,000 -- --
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: 21389202

Greater Alabama MLS