SoldAug 15, 2019

Listed by Christina James

Bought with Charlotte Davis Davis from CSM Realty

Source: Greater Alabama MLS #850216

1502 16th Ave S, Birmingham, AL, 35205

$165,000

Duplex

•

30+ days on the market

Sold: Aug 15, 2019

What's around 1502 16th Ave S

About this property

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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