$315,000
$359,900
12.5%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
1 Bath
SOLD DATE : 12/28/2023
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
Subdivision Rugby Gardens
MLS Listing ID 21366164
Sold Date 12/28/23
Bedrooms 2
Full Baths 1
Year Built 1963
Property Description
6 unit apartment building. All units have washer/dryer connections, stoves and refrigerators. Granite counter tops and central heat and air. Tenants pay all utilities; each unit has it's own electric and water meters. Existing tenant leases to remain in force upon sale. Legal address of property is 7701 7th Ave S. Street address of stairwell on right is 7701 7th Ave S, units A, B, C & D. Stairwell on left is street address 7703 7th Ave S, units A & B. All units occupied. 3 units updated this summer are rented at $750/mo each and are tenant-paid. 3 units are Section 8 - 1 unit updated winter 2022 rented at $650/mo and 2 units are long term tenants at $600 and $610/mo. Some deferred maintenance needed. Property priced accordingly.
Location
State AL
County Jefferson
Area Eastlake, Woodlawn
Interior
Heating Central Control (HEAT), Electric (HEAT), Individual Units (HEAT)
Cooling Central Control (COOL), Electric (COOL), Individual Units (COOL)
Flooring Some Hardwood, Tile, Vinyl, Wall-to-Wall Carpet
Exterior
Garage 1 Space per Unit, On Street Parking, Other
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Schools
Elementary Schools Barrett
Middle Schools Ossie Ware Mitchell
High Schools Woodlawn
Others
Financing Cash,Conventional
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