1517 CULLMAN AVENUE, Birmingham, AL 35208
1517 CULLMAN AVENUE, Birmingham, AL 35208
1517 CULLMAN AVENUE, Birmingham, AL 35208
1517 CULLMAN AVENUE, Birmingham, AL 35208
1517 CULLMAN AVENUE, Birmingham, AL 35208
1517 CULLMAN AVENUE, Birmingham, AL 35208
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Angelica Thomas

Angelica Thomas

+1(205) 922-9442
$ 2,975,000
Est. payment | /mo

1 Bed

1 Bath

Save Virtual Tour
$ 2,975,000
Est. payment | /mo
Save Virtual Tour

1 Bed

1 Bath

Key Details

Property Type Multi-Family

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 21462708

Bedrooms 1

Full Baths 1

Year Built 1930

Property Sub-Type Apartment

Property Description

Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income.

Location

State AL

County Jefferson

Area Ensley, Fairfield, Midfield, West End

Interior

Heating Window Units (HEAT)

Cooling Window Units (COOL)

Flooring Laminate, Wall-to-Wall Carpet

Exterior

Parking Features On Street Parking, Other

Building

Foundation Crawl Space

Sewer Connected

Water Public Water

Schools

Elementary Schools Minor

Middle Schools Bush Hills Academy

High Schools Jackson-Olin

Others

Financing Cash,Conventional

Virtual Tour https://www.propertypanorama.com/instaview/bham/21462708

Listed by ARC Realty Vestavia

Nearby Locations

Angelica Thomas

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

+1(205) 922-9442

arthomas@kw.com

3595 Grandview Pkwy, Birmingham, AL 35243, USA

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1517 CULLMAN AVENUE