AL > Bessemer > Bessemer
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
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Jeremy Galloway

Jeremy Galloway

Southern State Homes brokered by eXp Realty

+1(205) 605-9432
$ 395,000
Est. payment | /mo

2 Beds

1 Bath

Save Virtual Tour
$ 395,000
Est. payment | /mo
Save Virtual Tour

2 Beds

1 Bath

Key Details

Property Type Multi-Family, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Bessemer

MLS Listing ID 21419141

Bedrooms 2

Full Baths 1

Year Built 1920

Property Sub-Type Apartment

Property Description

INVESTOR ALERT! Incredible opportunity to add 9 cash-flowing doors to your portfolio! This unique package includes 3 single-family homes and 3 duplexes (9 total units), all situated on one parcel: 200, 202, 204, 206, 208, 210, 212, 214 & 218 3rd Ave N. These properties crush the 1% rule, with a combined ARV Market Rent of $7,425/month and a price tag of just $395,000. Each 2 bed / 1 bath unit has an ARV Market Rent of $825/month. Current occupancy includes four rented units bringing in $3,040/month (two at $825, two at $695), with a fifth unit approved for $695/month pending Section 8 inspection. Some of the vacant units need some work to make them rent ready, but a lot of updates have already been made, including several new roofs, HVAC systems, flooring, all exterior paint, appliances, water heaters, and more. TENANTS PAY ALL UTILITIES! Whether you're a seasoned investor or just expanding your portfolio, this is a high-yield opportunity you don't want to miss!

Location

State AL

County Jefferson

Area Bessemer, Hueytown, Pleasant Grove, Oak Grove

Interior

Heating Central Control (HEAT), Electric (HEAT)

Cooling Central Control (COOL)

Flooring Vinyl, Wall-to-Wall Carpet

Exterior

Parking Features 2 Spaces per Unit, On Street Parking

Building

Foundation Crawl Space

Sewer Connected

Water Public Water

Schools

Elementary Schools Jonesboro

Middle Schools Bessemer City

High Schools Bessemer City

Others

Financing Cash

Virtual Tour https://www.propertypanorama.com/instaview/bham/21419141

Listed by Keller Williams Realty Vestavia

GET MORE INFORMATION

agent
Jeremy Galloway

Agent | License ID: 119764

+1(205) 605-9432

100 Chase Park S Suite 128

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200 3RD AVENUE N

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