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937 52nd Pl N
Birmingham, AL 35212

$690,000 USD

Apartments For Sale  •  9,778 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,778 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1969
  • Cap Rate 7.23 %
  • Zoning R5
28 Transit Score
51 Walk Score

Highlights

Around 20% rental upside
Strong occupancy and collections
Close Proximity to major developments, Downtown Birmingham, and Birmingham-Shuttlesworth International Airport
Average household income of $61,717 within 1-mile
Washer & dryer connections in all units
937 52nd Place N is located in the Woodlawn neighborhood of Birmingham, Alabama. Woodlawn is a historic area that has seen significant revitalization
Cap Rate: 7.23 %

Public Transportation

Commuter RailDriveWalkDistance
Birmingham (Crescent - Amtrak) 6 min - 3.6 mi
AirportDriveWalkDistance
Birmingham-Shuttlesworth International 4 min - 2.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Douglas Sanders 251-978-3255 Matthews Real Estate Investment Services
Douglas Sanders 251-978-3255 Matthews Real Estate Investment Services