5 Unit Multi-Family Apartment Investment Property

1820 Clarendon Ave, Bessemer, AL 35020

$338,977 After Repair Value -
$68,000 Asking Price -
$90,000 Cost of Repairs =
$180,977 Potential Profit

Property Details

Asking Price $68,000

After Repair Value $338,977

Costs of Repairs $90,000

Potential Profit $180,977

Living Area 3288 ft2

Property Type Multi-Family

Bedrooms 5

Bathrooms 5

Half Bathrooms 0

Parking 0

Listed with Agent No

Property Description

5 Unit Multi-Family Apartment Investment Property 19mins outside of Birmingham.

ARV: Minimum $338,977
Repairs: 80-90K estimated to start off as a rental
Asking Price: $68,000
5bds and 5baths with 5 Parking Spots
3,288 sq ft
Multi-Level: 4 1 bedroom Apartments. 2 upstairs and 2 in lower area. Main level has a 2-3 bedroom apartment and 1 bath on main level.
5 Unit Multi-Family: 3 1 bedroom, 1 studio, and one 2-3 bedroom apartment.

Repairs Needed

HVAC System, electrical and cosmetic work is needed

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