AlabamaBirmingham3500 12th Avenue

3500 12th Avenue
Birmingham, AL 35234

$489,000
For Sale Price Reduced
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Tools
Open House
Size
3
Bedrooms
2
Full Baths
Financial
Listing Details
Apartment
Property Type
1955
Year Built
North Birmingham
schools
North Birmingham
Elementary
Hayes
Middle
Carver
High
4695640
Web Id
21391447
MLS ID
70
Days Posted

Description

3500 12th Avenue, Birmingham, AL 35234

Discover a prime investment opportunity with this renovated multifamily 7-unit complex in Birmingham, perfectly situated to offer quick access to all major attractions and amenities. This apartment complex features six units with 1 bedroom and 1 bathroom each, and one spacious unit with 2 bedrooms and 1 bathroom. Over the past six months, the property has grossed over $76K, averaging $12K per month, leveraging popular rental platforms such as Airbnb, Booking.com, and HomeAway. Each unit comfortably accommodates at least 4 guests, allowing the entire complex to host up to 32 guests simultaneously, making it an ideal choice for large groups. Recently renovated to meet modern standards, the units are fully furnished and equipped with all essential amenities to ensure a comfortable and enjoyable stay. With its high occupancy rates and proven rental income, this multifamily complex represents a compelling investment with ease of management and significant revenue opportunities.

This is an Active listing.

Broker Office Phone Number: 205-515-0917

Copyright © 2024Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Price History View all +
Date PriceVarianceType
7/11/2024$489,000-Listed
Listing By: eXp Realty, LLC Central via Data Source: Greater Alabama MLS


Located at 3500 12th Avenue, Birmingham, Alabama 35234, this Apartment is for Sale with a price of $489,000 USD. The property was built in 1955, includes 3 bedrooms, has 2 full baths. See all Homes for Sale in Birmingham.
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