$305,000
SOLD OCT 17, 2018
29 Beds
16 Baths
14,500 Sq Ft
6,970 Sq Ft Lot

Recently Sold

$21 Per Sq Ft

38% Below List Price

124 Days on Market

Highlights

  • Central Heating and Cooling System
  • Coin Laundry
  • Wall to Wall Carpet

About This Home

As of September 2022

Great opportunity for investor looking for a good return on investment!! 16 units currently leased yielding $7800 per month!!! Recently updated and 98% occupied ready for you to manage!!! 14- 2brs, 1ba, One 1br 1ba and One Studio- 1ba. 8 units have washer and dryer connections and 8 share a common laundry room. Buildings are across the street from one another making it even easier to manage!! 915 & 908 4th Ave W. for a grand total of 16 units!!!

Last Agent to Sell the Property

Cerita Tucker Smith

ReGroup Sales and Development Listed on: 05/20/2018

Last Buyer's Agent

Cerita Tucker Smith

ReGroup Sales and Development Listed on: 05/20/2018

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1989

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Brick Frame

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Vinyl

Basement

  • Crawl Space

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electric (tenant), water/sewer (tenant)
  • The owner pays for cable/tv connect (owner), water/sewer (owner)

Community Details

Building Details

  • Operating Expense $40,202
  • Gross Income $93,960

Additional Features

  • 16 Units
  • Coin Laundry

Property Details

Home Type

Apartment

Year Built

Built in 1989

Lot Details

0

Listing Details

  • Class: MULTIFAMILY
  • Property Type: Apartment
  • Year Built Description: Existing
  • Year Built: 1989
  • Price Per Sq Ft: 1
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1989

Interior Features

  • Floors: Laminate, Vinyl, Wall-to-Wall Carpet
  • Miscellaneous: Coin Laundry

Exterior Features

  • Construction: Brick, Brick and Frame
  • Foundation: Crawl Space, Slab
  • Water Heater: Electric (WTRHTR)

Garage/Parking

  • Parking: 2 Spaces per Unit

Utilities

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

Condo/Co-op/Association

  • Total Units: 16

Schools

  • Elementary School: BUSH HILLS ACADEMY
  • Middle School: GLENN
  • High School: PARKER

Lot Info

  • Assessor Parcel Number: 29-00-04-1-008-005.000

Rental Info

  • Owner Pays: Cable/TV Connect (OWNER), Water/Sewer (OWNER)
  • Tenant Pays: Electric (TENANT), Water/Sewer (TENANT)

Tax Info

  • Tax Database Id: 1
  • Tax District: BIRMINGHAM
  • Assessor Parcel Number: 01073-29-00-04-1-008-005.000

Multi Family

  • Expenses: 40202
  • Gross Income: 93960

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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
09/09/2022 09/09/22 Sold $350,000 -6.7% $46 / Sq Ft
07/28/2022 07/28/22 Price Changed $375,000 -8.5% $49 / Sq Ft
07/05/2022 07/05/22 Price Changed $410,000 -12.8% $54 / Sq Ft
06/13/2022 06/13/22 Price Changed $470,000 -2.1% $62 / Sq Ft
06/10/2022 06/10/22 Price Changed $480,000 -2.0% $63 / Sq Ft
05/19/2022 05/19/22 For Sale $490,000 +60.7% $64 / Sq Ft
10/17/2018 10/17/18 Sold $305,000 -18.7% $21 / Sq Ft
09/21/2018 09/21/18 Pending -- -- --
09/05/2018 09/05/18 Price Changed $375,000 -6.0% $26 / Sq Ft
06/01/2018 06/01/18 Price Changed $399,000 -19.4% $28 / Sq Ft
05/20/2018 05/20/18 For Sale $495,000 -- $34 / 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: 817362

Greater Alabama MLS

APN: 29-04-1-008-005.000-RR-00