500 16th St, Birmingham, AL 35218

$395,000
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List Price
$395,000
Status
ACTIVE
MLS#
21466917
Subtype
Residential Income
Year Built
1950
Subdivision
Ensley
MLS Area Major
290
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Property Description

Great opportunity to own a well maintained, income producing property! This property is fully occupied with long term tenants and currently generates over $31,000 in gross annual rental income. Looking to expand your investment portfolio? The seller also has two additional single family rental properties available, both occupied by long term tenants. Purchase the full package and enjoy a combined gross rental income of over $42,000 per year! *PLEASE DO NOT DISTURB TENANTS.* Property inspections will be scheduled after an acceptable offer has been received. An excellent opportunity for an investor looking for established rental income with tenants already in place! ALL OFFERS MUST BE APPROVED BY JEFFERSON COUNTY PROBATE COURT.

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Additional Information

Flooring
Vinyl
Air Conditioning
Window/Wall
Foundation
Slab
Elementary School
Wylam
Middle School
Bush Hills Academy
High School
Jackson-Olin
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Listing courtesy of ReGroup Sales and Development.

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