Property Address: 1609 6th St N, Birmingham, AL, 35204-2246
Average square foot calculated using Size range provided by listing agent.
Description
100% OCCUPIE. Amazing opportunity to purchase this renovated 24-unit property close to downtown! All units are 2bed 1bath and have been rehabbed in the past 3 years. All plumbing walls redone including plumbing stacks. New plumbing and updated electrical. New Kitchens and bathrooms- cabinets and all! New LVP throughout main living and new carpet in bedrooms. All new Metal Roofs! Interior and all exterior has been newly painted. New heat/air units - mounted under kitchen window. Newly paved parking lot! 1/2 of the tenants are Section 8. Projected Gross income of $226, 306 yearly. Projected NOI for next year is $174, 871. NO OPTION FOR SELLER FINANCING!