409 OPORTO MADRID BOULEVARD SBIRMINGHAM, AL 35206
Stable 14 unit apartment building. Fully occupied with good mix of section 8 tenants providing guaranteed flow of income and long-term self pay tenants. Gross rents of $12,251/mo. Tenants pay their own utilities (electricity and water). Owner pays trash, optional pest control, and some exterior lighting. New vinyl windows throughout all units. Newer roof. All incoming water lines are new from meter, and PVC drains and sewer. All units have water cutoffs inside for flood prevention. 50/50 new HVAC and water heaters. Painted cabinets and new countertops. Ceramic tiled shower surrounds and floors. Each unit has its own laundry space. Rent Roll details and a 2024-2025 P&L can be found under documents tab by your realtor. No showings without a qualified offer. Professional local management available with free trial period.
3 weeks ago | Listing updated with changes from the MLS® |
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.