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5710 Monte Sano Drive

Birmingham, AL 35228
  • $1,975,000
  • STATUS: Active
  • ON SITE: 52 Days
  • MLS #: 1320127
Price Reduced
UPDATED: 138 min ago
$1,975,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Expert Realty, Inc.
© 2022 Greater Alabama MLS.



Description

Impressive Value Add Opportunity for this 30 unit Garden Apartment complex. Development consists of 7 buildings. Five buildings have been renovated. Two buildings remain requiring full renovation. The 30 units are comprised of 20 one bedrooms and 10 two bedroom units. Rising values in this area continue to add value to this property. Currently 19 units (18 one bedroom and 1 two bedroom) are rented. There are 11 units still in need of renovation (two 1 bedroom and nine 2 bedroom) All renovated units have unit controlled central air and heat, new vinyl energy efficient windows , new kitchens, updated bathroom, new hot water heaters and hardwood laminate throughout. All kitchens include a stove and refrigerator and some units have above range microwaves.

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Greater Alabama MLS (Birmingham Association of Realtors) logo © 2022 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Lux Home Group | Keller Williams Hoover. Data last updated: 2022-07-04T00:31:00.79.

www.alabamalux.com/homes/128618935
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5710 Monte Sano Drive Birmingham, AL 35228

  • Price: $1,975,000
  • Status: Active
  • On Site: 52 Days
  • Updated: 138 min ago
  • MLS #: 1320127
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Monte Sano
County:
Jefferson
Area:
Ensley, Fairfield, Midfield, West End
Elementary School:
Brown, Charles A.
Middle School:
Green Acres
High School:
Jackson-Olin
Property Description
Impressive Value Add Opportunity for this 30 unit Garden Apartment complex. Development consists of 7 buildings. Five buildings have been renovated. Two buildings remain requiring full renovation. The 30 units are comprised of 20 one bedrooms and 10 two bedroom units. Rising values in this area continue to add value to this property. Currently 19 units (18 one bedroom and 1 two bedroom) are rented. There are 11 units still in need of renovation (two 1 bedroom and nine 2 bedroom) All renovated units have unit controlled central air and heat, new vinyl energy efficient windows , new kitchens, updated bathroom, new hot water heaters and hardwood laminate throughout. All kitchens include a stove and refrigerator and some units have above range microwaves.
Exterior Features

Multifamily Property Type Apartment

Interior Features

Cooling Central W/Ind Ctrl(Cool) Floors Laminate Foundation Crawl Space Heating Central W/Ind Ctrl(Heat) Type One Bedrooms 1 Type One Full Baths 1 Type One Furnished ASN None Type One Half Baths 0 Type Two Bedrooms 2 Type Two Full Baths 1 Type Two Furnished ASN None Type Two Half Baths 0

Property Features

Construction Siding Expenses 70199 Financing Conventional Miscellaneous Coin LaundryPets Allowed Sales Type N/A Sewer Septic Connected Tenant Pays Cable/Tv Connect (Tenant)Electric (Tenant) Type One Features RefrigeratorSep LivingStove Type One Units 20 Type Three Units 0 Type Two Features RefigeratorSep LivingStove Type Two Units 10 Water Public Water Water Heater Electric (Wtrhtr)Electric Tankless Year Built Desc Existing

Listing provided by Expert Realty, Inc: 205-823-2200.


Greater Alabama MLS (Birmingham Association of Realtors) logo © 2022 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Lux Home Group | Keller Williams Hoover. Data last updated: 2022-07-04T00:31:00.79.

 
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Lux Home Group | Keller Williams Hoover
1021 Brocks Gap Parkway Suite 125
Hoover AL, 35244
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Expert Realty, Inc.
© 2022 Greater Alabama MLS.