For Sale
$170,000

1425 Lomb AveBirmingham, AL 35208

High-traffic location, strong rental income.

Overview

Added:
Feb 3
Days on market:
64
This exceptional investment opportunity encompasses three buildings situated on a 0.06-acre lot at 1425 Lomb Avenue in Birmingham, Alabama's thriving West End community. Priced at $170,000, this property offers significant potential for both investors and owner-users. Its prime location provides easy access to major interstates, placing it within minutes of downtown Birmingham, Princeton Baptist Medical Center, and the Birmingham CrossPlex. The area also boasts a vibrant selection of local restaurants and shops, ensuring high visibility and foot traffic. Currently generating an annual income of $23,100 from four long-term tenants, the property features month-to-month leases, offering flexibility and potential for future rent increases. The high-traffic location and established tenancy make this a compelling investment prospect with strong potential for future growth and appreciation. This is a rare chance to acquire a well-positioned commercial property in a rapidly developing area of Birmingham. The three-building complex presents a unique opportunity for immediate income generation and long-term value appreciation. The property's strategic location and current tenant occupancy make it an attractive investment for those seeking a stable and profitable commercial venture.

Property Details for 1425 Lomb Ave

Property type
Lot Size (sq. ft)
2,614 SF

Location Insight

City
Birmingham
County
Jefferson
State
Alabama
Latitude
33.5001
Longitude
-86.86096
1425 Lomb Ave, Birmingham, Alabama

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1425 Lomb Ave
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