AL > Bessemer > Bessemer
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
Bessemer, AL 35020,200 3RD AVENUE N
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Mon
19
May
Tue
20
May
Wed
21
May
Eddie Carr

Eddie Carr

+1(205) 721-8187
$ 395,000
Est. payment | /mo

2 Beds

1 Bath

Save Virtual Tour
$ 395,000
Est. payment | /mo
Save Virtual Tour

2 Beds

1 Bath

Key Details

Property Type Multi-Family, Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

Subdivision Bessemer

MLS Listing ID 21419141

Bedrooms 2

Full Baths 1

Year Built 1920

Property Sub-Type Apartment

Property 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 four rented units bringing in $3,040/month (two at $825, two at $695), with a fifth unit approved for $695/month pending Section 8 inspection. Some of the vacant units need some work to make them rent ready, 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!

Location

State AL

County Jefferson

Area Bessemer, Hueytown, Pleasant Grove, Oak Grove

Interior

Heating Central Control (HEAT), Electric (HEAT)

Cooling Central Control (COOL)

Flooring Vinyl, Wall-to-Wall Carpet

Exterior

Parking Features 2 Spaces per Unit, On Street Parking

Building

Foundation Crawl Space

Sewer Connected

Water Public Water

Schools

Elementary Schools Jonesboro

Middle Schools Bessemer City

High Schools Bessemer City

Others

Financing Cash

Virtual Tour https://www.propertypanorama.com/instaview/bham/21419141

Listed by Keller Williams Realty Vestavia
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(205) 721-8187

eddie@carrdreamhomes.com

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Eddie Carr, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

200 3RD AVENUE N