8444 1ST AVENUE N

8444 1ST AVENUE N

Birmingham, AL

$295,000

Description:

Investor Special in East Lake! One connected building with multiple units and strong potential for income growth. Currently 4 units are occupied generating $2,300/month (101 & 102 leased together for $900; 205 & 206 at $700 each). Remaining units are vacant, offering significant value-add potential through renovations and lease-up. Property is individually metered. With steady rental demand and opportunity to raise rents, this property provides immediate cash flow and exceptional long-term upside for investors.Large parking area around the back.

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Lee Eaves

Qualifying Broker

Lee and her husband Richard live in Linden, AL. They have three children, and five grandchildren. ...

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                Listing courtesy of: EXIT Realty Birmingham