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2418 Eufaula Ct 12 Unit Apartment Building $840,000 ($70,000/Unit) Birmingham, AL 35208
EXECUTIVE SUMMARY
Built in 1957, this solid brick structure offers spacious 2BR/1BA layouts with all-electric utilities, wall heat, and window A/C units. Tenants are separately metered for power and water, minimizing landlord expenses. Key improvements include a new metal roof (2016) and parking lot repaving (2019). Currently 92% occupied, with below-market rents at $550/month providing room for upside.
PROPERTY FACTS
| Price | $840,000 | Building Class | C |
| Price Per Unit | $70,000 | Lot Size | 0.83 AC |
| Sale Type | Investment | Building Size | 10,248 SF |
| No. Units | 12 | Average Occupancy | 92% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1957 |
| Apartment Style | Low-Rise | ||
| Zoning | D-5 - The D-5 Zone in Birmingham, AL is associated with the Downtown Birmingham Overlay District. | ||
| Price | $840,000 |
| Price Per Unit | $70,000 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.83 AC |
| Building Size | 10,248 SF |
| Average Occupancy | 92% |
| No. Stories | 1 |
| Year Built | 1957 |
| Zoning | D-5 - The D-5 Zone in Birmingham, AL is associated with the Downtown Birmingham Overlay District. |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 29-00-05-1-011-020.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $81,280 |
PROPERTY TAXES
Parcel Number
29-00-05-1-011-020.000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$81,280
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2418 Eufaula Ct
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