$500,000
SOLD NOV 17, 2023

6112 1st Ave S Birmingham, AL 35212

South Woodlawn Neighborhood
12 Beds
6 Baths
3,900 Sq Ft
1968 Built

Recently Sold

$128 Per Sq Ft

14% Below List Price

55 Days on Market

About This Home

As of November 2023

Have you been looking for multi family with growth potential? This six unit building is just what you need. Woodlawn is on a huge upswing and this building is perfect for you. Roof, HVAC, Electric, Plumbing, Windows all done in 2018. 6 parking spots in rear of building. Recently painted. All units have LVT flooring and same floorpan.4 tenants at 900, 1 tenant at 850, 1 unit for rent. Excellent place to get long term cash flow. Roughly 9% Cap rate after taxes, insurance, and maintenance.

Last Agent to Sell the Property

Justin Mundie

eXp Realty, LLC Central Listed on: 08/24/2023

eXp Realty, LLC Central

Last Buyer's Agent

Davey Lanshaw

Bear Flag Property Management

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,401

Year Built

  • Built in 1968

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Flooring

  • Vinyl Flooring

Schools

  • Avondale Elementary School
  • Putnam Middle School
  • Woodlawn 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

  • 6 Units

Building Details

  • Operating Expense $600
  • Gross Income $5,090

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,401

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1968
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1968

Interior Features

  • Floors: Vinyl

Exterior Features

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

Garage/Parking

  • Parking: 1 Space per Unit

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: 6

Schools

  • Elementary School: AVONDALE
  • Middle School: PUTNAM, W E
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-21-1-021-007.000

Rental Info

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

Tax Info

  • Tax District: BIRMINGHAM
  • Annual Tax: 4401

Multi Family

  • Expenses: 600
  • Gross Income: 5090

MLS Schools

  • Elementary School: AVONDALE
  • High School: WOODLAWN
  • Jr Middle School: PUTNAM, W E

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Range of Values:

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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
11/17/2023 11/17/23 Sold $500,000 -3.8% $128 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/17/2023 10/17/23 Price Changed $519,900 -1.0% $133 / Sq Ft
10/16/2023 10/16/23 Price Changed $524,900 -0.9% $135 / Sq Ft
10/02/2023 10/02/23 Price Changed $529,900 -7.0% $136 / Sq Ft
09/19/2023 09/19/23 Price Changed $569,900 -0.9% $146 / Sq Ft
09/12/2023 09/12/23 Price Changed $574,900 -0.9% $147 / Sq Ft
08/24/2023 08/24/23 For Sale $579,900 +54.6% $149 / Sq Ft
10/19/2018 10/19/18 Sold $375,000 -11.8% $98 / Sq Ft
10/15/2018 10/15/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $425,000 -- $111 / Sq Ft
Source: Greater Alabama MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Justin Mundie

    Seller's Agent in 2023

    Justin Mundie

    eXp Realty, LLC Central

    (615) 502-0721

    2 in this area

    26 Total Sales

    Justin Mundie
    Section Image
  • Davey Lanshaw

    Buyer's Agent in 2023

    Davey Lanshaw

    Bear Flag Property Management

    (951) 777-0667

    1 in this area

    34 Total Sales

    Davey Lanshaw
    Section Image
  • Shannon Malcom

    Seller's Agent in 2018

    Shannon Malcom

    EXIT Realty Birmingham

    (205) 260-7784

    199 Total Sales

    Shannon Malcom
    Section Image
See All Agents

Map

Source: Greater Alabama MLS

MLS Number: 21363705

Greater Alabama MLS

APN: 23-21-1-021-007.000-RR-00

Alabama Jefferson County Birmingham 35212 South Woodlawn

6112 1st Ave S, Birmingham, AL

This home is located at 6112 1st Ave S, Birmingham, AL 35212 and is currently priced at $500,000, approximately $128 per square foot. This property was built in 1968. 6112 1st Ave S is a home located in Jefferson County with nearby schools including Avondale Elementary School, W.E. Putnam Middle School Magnet, and Woodlawn High School-Magnet.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greater Alabama MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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