7735 Rugby Avenue, Birmingham, AL 35206
- $599,900
- List Price
- $599,900
- Status
- ACTIVE
- Days on Market
- 344
- Price Change
- ▼ $20,000 1772488075
- MLS#
- 21428771
- Year Built
- 1963
- Subdivision
- Rugby Gardens
- MLS Area Major
- EastLake, Woodlawn
Property Description
Solid multifamily investment in the growing Eastlake/Woodlawn area of Birmingham. This 10-plex offers spacious 2 bedroom, 1 bath units averaging 650 sq. ft. each. Several units have been fully renovated, providing immediate value and appeal to tenants. Currently, 8 of the 10 units are leased with rents ranging from $600–$625/month, ensuring steady cash flow from day one. With upside potential in rental growth and continued renovations, this property is well-positioned for long-term returns.
Additional Information
- Financing
- Cash, Conventional
- Air Conditioning
- Central Control (COOL), Window Units (COOL)
- Exterior Construction
- Brick
- Parking
- On Street Parking
- Elementary School
- Barrett
- Middle School
- Ossie Ware Mitchell
- High School
- Woodlawn
Listing courtesy of RealtySouth-Homewood.