$190,000
$199,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
1 Bed
1 Bath
SOLD DATE : 08/09/2024
Key Details
Sold Price $190,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Subdivision Ensley
MLS Listing ID 21389202
Sold Date 08/09/24
Bedrooms 1
Full Baths 1
Year Built 1958
Property Description
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!
Location
State AL
County Jefferson
Area Ensley, Fairfield, Midfield, West End
Interior
Heating Central w/Ind Ctrl(HEAT)
Cooling Ceiling Fans, Central w/Ind Ctrl(COOL)
Flooring Some Hardwood, Tile, Vinyl
Exterior
Garage Assigned
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Schools
Elementary Schools Central Park
Middle Schools Green Acres
High Schools Jackson-Olin
Others
Financing Cash,Conventional,VA
Read Less Info
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Bought with Keller Williams Realty Vestavia
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Broker | License ID: 303073
youragentkesha@legacysouthreg.com
240 Corporate Center Dr, Ste F, Stockbridge, GA, 30281, United States