11 unit 1904 29TH AVE N, BIRMINGHAM, AL 35207

1904 29th Ave N Birmingham, AL 35207

1904 29th Ave N, Birmingham, AL, 35207
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$650,000
Last Verified:
Jul 13, 2024

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Highlights

  • - 5,502 SF building with 11 units
  • - 3 of 11 rented for $825-$925 per unit.
  • - Closing can be conditional on more units being rented
  • - Recently renovated with a new roof & updated electrical, plumbing, flooring, paint, & window units (Heat/Cool)
  • - Potential for long-term growth and steady rental income
  • - No T12 or Rent roll as apartment was completely renovated

Description

Introducing an 11 unit apartment rental investment opportunity in North Birmingham. This 5,502 SF multifamily building offers a fully renovated building actively being leased. The property's location provides easy access to amenities and city conveniences, making it an attractive investment opportunity.

Located right off I-65, this 11 unit apartment complex has convenient access to local dining, entertainment, and shopping options.


Year Built: 1957
Building Size: 5502sq ft
Lot Size: 0.32 acres


Documents

11 Unit North Bham 1904 29th Ave N Buildout April 28 2024.xlsx
Sale Flyer

Map of 1904 29th Ave N, Birmingham, AL, 35207

Presented by:
eXp Commercial | Alabama

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Jared Sluss


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.