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2709 Avenue E
Birmingham, AL 35218
Multifamily Property For Sale
·
8 Units
PROPERTY FACTS
| No. Units | 8 | Building Size | 5,856 SF |
| Property Type | Multifamily | Average Occupancy | 50% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1982 |
| Building Class | B | Parking Ratio | 2.05/1,000 SF |
| Lot Size | 0.23 AC | ||
| Zoning | B2 | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 5,856 SF |
| Average Occupancy | 50% |
| No. Stories | 2 |
| Year Built | 1982 |
| Parking Ratio | 2.05/1,000 SF |
| Zoning | B2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
ABOUT 2709 AVENUE E , BIRMINGHAM, AL 35218
2709 Avenue E is an 8 unit Apartment complex with pitched roofs and large floor plans. This is a value add opportunity with upside for an investor who can fill vacancies and run property more efficiently. Presently the property is 50% occupied. An investor would have the opportunity to come in and purchase the property and make approximately $2500 per door in upgrades and boost rents and improve occupancy. Investor would need to purchase and rehab 4 down units and stabilize the property and boost rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 8 | $375.00 | 735 |
PROPERTY TAXES
| Parcel Number | 30-00-01-1-020-002.000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $31,480 |
PROPERTY TAXES
