NOT LISTED FOR SALE
10 Beds
5 Baths
4,000 Sq Ft
10,454 Sq Ft Lot

Last Sold March 20, 2024

Last sale price $323,500 $81 Per Sq Ft

27 Days on Market

Highlights

  • Guest Parking
  • Central Heating and Cooling System
  • Wall to Wall Carpet

About This Home

As of March 2024

Looking to add to your rental portfolio? Charming 5-unit apartment building for sale near downtown Birmingham and right around the corner from Princeton Hospital. Features a durable metal roof and well kept exterior. This building boasts three renovated units, two original units, plenty of space for parking and tenants pay all utilities. Don't miss this chance to add 600 Princeton Ave to your rental portfolio today! Additional information, income & expenses available upon request.

Last Agent to Sell the Property

Imad Mohammad

Keller Williams Realty Vestavia Listed on: 01/23/2024

Keller Williams Realty Vestavia

Last Buyer's Agent

Elizabeth Daly

Keller Williams Realty Vestavia

Keller Williams Realty Vestavia

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,231

Year Built

  • Built in 1988

Lot Details

  • 10,454

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Siding

Flooring

  • Wall to Wall Carpet
  • Laminate

Parking

  • Guest Parking
  • On-Street Parking

Schools

  • Hemphill Elementary School
  • Jones Valley Middle School
  • Parker High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for all utilities (tenant)
  • The owner pays for trash collection (owner)

Community Details

Overview

  • 5 Units

Building Details

  • Operating Expense $5,000
  • Gross Income $40,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,231

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Termite Contract: Yes
  • Year Built Description: Existing
  • Year Built: 1988
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Floors: Laminate, Wall-to-Wall Carpet

Exterior Features

  • Construction: Brick, Siding
  • Foundation: Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit, Guest Parking, On Street Parking

Utilities

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

Condo/Co-op/Association

  • Total Units: 5

Schools

  • Elementary School: HEMPHILL
  • Middle School: JONES VALLEY
  • High School: PARKER

Lot Info

  • Assessor Parcel Number: 29-00-03-2-024-014.000

Rental Info

  • Owner Pays: Trash Collection (OWNER)
  • Tenant Pays: All Utilities (TENANT)

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 2231

Multi Family

  • Expenses: 5000
  • Gross Income: 40800

MLS Schools

  • Elementary School: HEMPHILL
  • High School: PARKER
  • Jr Middle School: JONES VALLEY

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
03/20/2024 03/20/24 Sold $323,500 -16.0% $81 / Sq Ft
01/23/2024 01/23/24 For Sale $385,000 -- $96 / 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: 21375092

Greater Alabama MLS

APN: 29-03-2-024-014.000-RR-00