Cash-flowing 5-unit multifamily in Birmingham's Fairview neighborhood — professionally managed and ready to perform. Four units currently occupied with a mix of Section 8 and market-rate tenants; one unit recently fully renovated and ready for immediate lease-up. Brick construction, individual heat pumps, tenant-paid utilities, and on-site landscaping service keep operations lean. Stabilized pro forma at $3,185/month gross income delivers a 7.3% cap rate at list price. Managed by Watts Realty — financials available upon request. Call listing agent. Do not disturb tenants.
Property Features
Parking
Other
On Street
Cooling Information
Heat Pump
Heating Information
Heat Pump
Water Features
Public
School Information
School Information for 3012 Avenue X, BIRMINGHAM, AL 35208
Elementary School
MINOR
Middle School
BUSH HILLS ACADEMY
High School
JACKSON-OLIN
Listing Courtesy: Keller Williams Realty Vestavia - 205-397-6500
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