1502 16TH AVE

    Birmingham, AL 35205
    • $165,000
    • STATUS: Closed
    • ON SITE: 120 days
    • MLS #: 850216
    Sold - 08/15/2019
    $165,000
    SOLD - 08/15/2019
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1920
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Calling all investors or owners occupants that desire to have their mortgage offset by rental income. Triplex in a great rental market. Or revert back to a single-family home later! Two 2BR, 1BA units and one 1BR efficiency. Fully occupied with good cash flow. Walking distance to UAB and Five Points South. Vinyl siding, freshly painted. Call listing agent for more information. Street parking and off street for one car to the left of the home. All units have washer dryer connection. Home replumbed in Pex. Roof 10 years. Hot water heaters 2012 All leases month to month. Break down follows: Apt 1 (studio basement level): $550 monthly rent, landlord pays water, tenant pays gas electric. Heat and air Window units, Parking side of building Unit 2 (main level): $810 monthly rent, Landlord pays water, Tenant pays gas and electric. 100 amp electrical panel. 2010 heat pump. Street parking Unit 3 (upstairs): $725 montly rent. Tenant pays all utilities. Street parking. Total rent $2055

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    © 2019 Greater Alabama Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or LIST Birmingham. Data last updated: 2019-09-15T11:30:17.997.
    www.listbirmingham.com/homes/94949488

    1502 16TH AVE Birmingham, AL 35205

    • Price: $185,000
    • Status: Closed
    • Updated: 23 min ago
    • MLS #: 850216
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1920
    Built
    Neighborhood:
    Coleman
    County:
    Jefferson
    Area:
    Downtown Birmingham, Southside
    Elementary School:
    Glen Iris
    Middle School:
    Arrington
    High School:
    Carver, G W
    Property Description
    Calling all investors or owners occupants that desire to have their mortgage offset by rental income. Triplex in a great rental market. Or revert back to a single-family home later! Two 2BR, 1BA units and one 1BR efficiency. Fully occupied with good cash flow. Walking distance to UAB and Five Points South. Vinyl siding, freshly painted. Call listing agent for more information. Street parking and off street for one car to the left of the home. All units have washer dryer connection. Home replumbed in Pex. Roof 10 years. Hot water heaters 2012 All leases month to month. Break down follows: Apt 1 (studio basement level): $550 monthly rent, landlord pays water, tenant pays gas electric. Heat and air Window units, Parking side of building Unit 2 (main level): $810 monthly rent, Landlord pays water, Tenant pays gas and electric. 100 amp electrical panel. 2010 heat pump. Street parking Unit 3 (upstairs): $725 montly rent. Tenant pays all utilities. Street parking. Total rent $2055
    Exterior Features

    Multifamily Property Type Triplex

    Interior Features

    Basement Style Partial Basement Cooling Ceiling FansElectric (Cool)Heat Pump (Cool)Window Units (Cool) Floors Some HardwoodTile Foundation Basement Heating Central W/Ind Ctrl(Heat)Heat Pump (Heat)Window Units (Heat) Type One Bedrooms 2 Type One Full Baths 1 Type One Furnished ASN None Type One Half Baths 0 Type Three Bedrooms 1 Type Three Eff YN Yes Type Three Full Baths 1 Type Three Furnished ASN None Type Three Half Baths 0 Type Two Bedrooms 2 Type Two Eff YN No Type Two Full Baths 1 Type Two Furnished ASN None Type Two Half Baths 0

    Property Features

    Construction FrameSiding Expenses 7071 Financing CashConventional Sales Type As Is Tenant Pays All Utilities (Tenant)Water/Sewer (Tenant) Type One Eff YN No Type One Features DenDishwasherFireplaceSep DiningSep Living Type One Units 1 Type Three Features Eating Area-Kitchen Type Three Units 1 Type Two Features FireplaceSep DiningSep Living Type Two Units 1 Year Built Desc Existing

    Listing provided courtesy of Re/Max Southern Homes. © 2019 Greater Alabama Multiple Listing Service, Inc.
    © 2019 Greater Alabama Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or LIST Birmingham. Data last updated: 2019-09-15T11:30:17.997.
     
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    Birmingham AL, 35209