For Sale
$550,000
705 Knoxville St Birmingham, AL 35224
Value-add multifamily investment opportunity.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- $550,000 asking price for an 8-unit apartment building in Birmingham, AL.
- All units are 710 sq ft, 2 bed/1 bath with W/D connections. Three units are newly rehabbed and leased at $1,200/month; five units are month-to-month at below-market rates.
- Recent improvements include a new roof and two HVAC units; remaining units have functional HVAC systems (approx. 5-7 years old).
- Strong rental history with only two owners in the past 24 years.
- Located 14 minutes from Birmingham's CBD.
Property Details for 705 Knoxville St
- Property type
- Apartment buildings
- Square Feet
- 5,680 SF
Location Insight
- City
- Birmingham
- County
- Jefferson
- State
- Alabama
- Latitude
- 33.505664556002
- Longitude
- -86.92501412932
Nearby Similar for Sale
FAQs
- What type of property is this?
- Apartment building - Value-add multifamily investment opportunity.
- Where is the apartment building located?
- The property is located at 705 Knoxville St Birmingham, AL.
- What is the asking price?
- The asking price for this property is $550,000.
- What are key features of this property?
- This property features: $550,000 asking price for an 8-unit apartment building in Birmingham, AL.; All units are 710 sq ft, 2 bed/1 bath with W/D connections. Three units are newly rehabbed and leased at $1,200/month; five units are month-to-month at below-market rates.; Recent improvements include a new roof and two HVAC units; remaining units have functional HVAC systems (approx. 5-7 years old).
- How can I contact the broker?
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