Listed price in listed location currency (USD).
$1,350,000

000

MLS® 21459954

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage 
HOA Fees 
Taxes 
Days Active 25
Approx. Age 1964
MLS® Number 21459954

Property Address: 7720 Madrid Ave, Birmingham, AL, 35206-6459

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 7720/7730 Madrid Ave, 20 light-filled Garden Apartment units. Market rents for these units now $800/door. Tenants have separate meters for electricity and water, owner pays trash and landscaping. Virtually all new HVAC, new water heaters majority, newly refinished parking lot, exterior lighting, new railings for both buildings to code, flooring and paint. Poised for long-term cash flow and appreciation. Less than 10 miles from downtown, East Lake is a desirable part of the city where tenants can be close to work, family, shopping centers, and nature. Quiet buildings occupied by working families. Professional Management in place with established tenant relationships for ease of transition, offering 3 months free rent collection and accounting.
MLS® Number21459954
Locker
Ensuite Laundry
Balcony
Furnished
Laundry Level
Exposure
Exterior
Garage
Approx. Age1964
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatElectric (HEAT)
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 1, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
7720 Madrid Ave, Birmingham, AL

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