$495,000
SOLD FEB 3, 2025
20 Beds
10 Baths
35,000 Sq Ft
0.48 Acres

Recently Sold

$14 Per Sq Ft

7% Below List Price

6 Days on Market

Highlights

  • Tankless Water Heater
  • Guest Parking
  • Central Heating and Cooling System

About This Home

As of February 2025

Great investment opportunity with value add opportunity!! (10) Two bedroom and One bath units! Renovated in 2020-21 with luxury vinyl tile flooring throughout each unit, new paint, light fixtures, New wall mounted HVAC units (heating and cooling) New countertops, bathroom vanities, new roof (in 2021) Modern exterior/interior paint color scheme. Washer & Dryer connection in each unit, Refrigerators and stoves in each unit in 2021 (according to previous sale) 24/7 offsite security video surveillance. Large parking to for tenants and guests! TENANT PAYS UTILITIES. ALL SEPARATE METERS FOR WATER AND ELECTRICAL. 6 units rented and 4 units are rent ready!

Last Agent to Sell the Property

Margie Beth Shaw

Keller Williams Realty Vestavia Listed on: 12/20/2024

Keller Williams Realty Vestavia

Last Buyer's Agent

Sandy Nguyen (Binh)

Goal Realty LLC

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1974

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Siding

Flooring

  • Laminate Flooring

Parking

  • Guest Parking
  • On-Street Parking

Schools

  • Hayes Elementary And Middle School
  • Woodlawn High School

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • 10 Units
  • Operating Expense $33,840

Listing and Financial Details

  • Tenant pays for all utilities (tenant), cable/tv connect (tenant)
  • The owner pays for trash collection (owner)

Property Details

Home Type

Apartment

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Down Payment Assistance: No
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1974
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1974

Interior Features

  • Floors: Laminate

Exterior Features

  • Construction: Brick, Siding
  • Foundation: Slab
  • Water Heater: Electric Tankless

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Total Units: 10

Schools

  • Elementary School: HAYES
  • Middle School: HAYES
  • High School: WOODLAWN

Lot Info

  • Assessor Parcel Number: 23-00-20-4-005-026.000

Rental Info

  • Owner Pays: Trash Collection (OWNER)
  • Tenant Pays: All Utilities (TENANT), Cable/TV Connect (TENANT)

Tax Info

  • Tax District: BIRMINGHAM

Multi Family

  • Expenses: 33840

MLS Schools

  • Elementary School: HAYES
  • High School: WOODLAWN
  • Jr Middle School: HAYES

Range of Values:

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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
02/03/2025 02/03/25 Sold $495,000 -7.5% $14 / Sq Ft
12/20/2024 12/20/24 For Sale $535,000 +20.2% $15 / Sq Ft
04/05/2021 04/05/21 Sold $445,000 -4.3% $13 / Sq Ft
03/09/2021 03/09/21 Price Changed $465,000 +6.9% $13 / Sq Ft
02/02/2021 02/02/21 For Sale $435,000 -- $12 / 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: 21405301

Greater Alabama MLS

APN: 23-20-4-005-026.000-RR-00