$395,000

200 3Rd Avenue , Bessemer, AL 35020

 
Bedrooms:2 beds
Bathrooms:1 baths
(None specified):0 sqft
Lot:Unknown
Year Built:1920
Listing Status:Active

Listing Agent

John Street
http://www.kellerwilliamsbirmingham.com
Loan Amount:
Interest:
Term (Years):
Annual Tax:
Monthly Principal + Interest:$
Monthly tax: $
Total Payment:$

These amounts are estimates and do not take into consideration other expenses such as PMI, etc.. This is only an estimate.

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 three rented units bringing in $2,215/month (one at $825, two at $695). Some of the vacant units need some work to make them rent ready, approx $3,000 each per seller, 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!

Detailed Items

Other Information

200 3Rd Avenue, Bessemer, AL, 35020 is a (none specified) listing of 0 sqft on a lot of Unknown. This (none specified) listing has 2 bedrooms, and 1 baths. The map for this location can be viewed on Google maps at Google maps to property200 3Rd Avenue, Bessemer, AL
Copyright © 2025 Greater Alabama MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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