Birmingham, AL 35206,316 OPORTO MADRID BOULEVARD
Birmingham, AL 35206,316 OPORTO MADRID BOULEVARD
Birmingham, AL 35206,316 OPORTO MADRID BOULEVARD
Birmingham, AL 35206,316 OPORTO MADRID BOULEVARD
Birmingham, AL 35206,316 OPORTO MADRID BOULEVARD
Birmingham, AL 35206,316 OPORTO MADRID BOULEVARD
See all 10 photos

$405,000

$450,000

10.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

3 Beds

2 Baths


SOLD DATE : 01/16/2024

Key Details

Sold Price $405,000

Property Type Multi-Family

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision East Lake

MLS Listing ID 21373334

Sold Date 01/16/24

Bedrooms 3

Full Baths 2

Year Built 1983

Property Description

Presenting a rare find at 316 Oporto Madrid Blvd S, Birmingham: a fully occupied 8-unit property blending stable income with significant growth potential. Each unit offers generously sized bedrooms and elegant LVP flooring. Discover the upgraded finishings in half of the units, featuring modern kitchens, new water heaters, granite countertops, and more. All 8 units have reliable, long-term tenants, ensuring consistent cash flow. With 7 new HVAC systems, this property promises low maintenance costs. What sets this investment apart is its balance of immediate returns and future appreciation opportunities. As the area grows, so does your potential for increased value, making this not just a purchase but a strategic asset. Ideal for both new and seasoned investors, this property is a gateway to a robust portfolio in Birmingham's vibrant market. Seize the opportunity to own a property that offers the best of both worlds - current stability and the opportunity of appreciation.

Location

State AL

County Jefferson

Area Eastlake, Woodlawn

Interior

Heating Electric (HEAT)

Cooling Central Control (COOL), Electric (COOL)

Flooring Laminate, Tile, Wall-to-Wall Carpet

Exterior

Parking Features 2 Spaces per Unit

Building

Foundation Slab

Sewer Connected

Water Public Water

Schools

Elementary Schools Barrett

Middle Schools Putnam, W E

High Schools Woodlawn

Others

Financing Cash,Conventional

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Freedom Ventures Realty
Bought with eXp Realty, LLC Central
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

GET MORE INFORMATION

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.