$639,900 Great investment currently fully occupied!! (10) Two bedroom and One bath units! Renovated in 2020-21 with luxury vinyl tile flooring throughout each unit, new paint, light fixtures, New wall mounted HVAC units (heating and cooling) New countertops, bathroom vanities, new roof (in 2021) Modern exterior/interior paint color scheme. Washer & Dryer connection in each unit, Refrigerators and stoves in each unit in 2021 (according to previous sale) 24/7 offsite security video surveillance.New large parking lot. for tenants and guests! TENANT PAYS UTILITIES. ALL SEPARATE METERS FOR WATER AND ELECTRICAL. 21465189 MLS Great investment currently fully occupied!! (10) Two bedroom and One bath units! Renovated in 2020-21 with luxury vinyl tile flooring throughout each unit, new paint, light fixtures, New wall mounted HVAC units (heating and cooling) New countertops, bathroom vanities, new roof (in 2021) Modern exterior/interior paint color scheme. Washer & Dryer connection in each unit, Refrigerators and stoves in each unit in 2021 (according to previous sale) 24/7 offsite security video surveillance.New large parking lot. for tenants and guests! TENANT PAYS UTILITIES. ALL SEPARATE METERS FOR WATER AND ELECTRICAL. 712 47th St, Birmingham Listing courtesy of Goal Realty LLC.
$2,975,000 Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income. 21462708 MLS Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income. 1517 Cullman Ave, Birmingham Listing courtesy of ARC Realty Vestavia.
$479,900 Renovated throughout 2022–2023, this property combines updated interiors with a solid rental layout ideal for both seasoned investors and those looking to expand their multifamily portfolio. Each unit features modern updates completed during the renovation period, reducing near-term maintenance and capital expenditure concerns. The property is well-positioned in Talladega, providing convenient access to local amenities, employment centers, and major roadways making it attractive to long-term tenants. With eight income-producing units under one roof, this asset offers efficient management, scalable returns, and reliable rental demand. Whether you’re pursuing steady cash flow or long-term appreciation, this renovated multifamily property checks all the right boxes. 21439301 MLS Renovated throughout 2022–2023, this property combines updated interiors with a solid rental layout ideal for both seasoned investors and those looking to expand their multifamily portfolio. Each unit features modern updates completed during the renovation period, reducing near-term maintenance and capital expenditure concerns. The property is well-positioned in Talladega, providing convenient access to local amenities, employment centers, and major roadways making it attractive to long-term tenants. With eight income-producing units under one roof, this asset offers efficient management, scalable returns, and reliable rental demand. Whether you’re pursuing steady cash flow or long-term appreciation, this renovated multifamily property checks all the right boxes. 606 S Court St, Talladega Listing courtesy of Freedom Realty, LLC.