200 3RD AVENUE, BESSEMER, AL 35020

bedrooms 2
bathrooms 1
|Apartment
THB ฿12,971,504
USD $395,000
Published on: 18 May 2025
Last updated on: 27 May 2025
200 3RD AVENUE, BESSEMER, AL 35020
200 3RD AVENUE, BESSEMER, AL 35020
200 3RD AVENUE, BESSEMER, AL 35020
+10
200 3RD AVENUE, BESSEMER, AL 35020
  • 10
Property ID: 110099531511
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Apartment - BESSEMER, AL

200 3RD AVENUE, BESSEMER, AL 35020
INVESTOR ALERT! Incredible opportunity to add 9 cash-flowing doors to your portfolio! This unique package includes 3 single-family homes and 3 duplexes (9 total units), all situated on one parcel: 200, 202, 204, 206, 208, 210, 212, 214 & 218 3rd Ave N.  These properties crush the 1% rule, with a combined ARV Market Rent of $7,425/month and a price tag of just $395,000. Each 2 bed / 1 bath unit has an ARV Market Rent of $825/month. Current occupancy includes three rented units bringing in $2,215/month (one at $825, two at $695). Some of the vacant units need some work to make them rent ready, approx $3,000 each per seller, but a lot of updates have already been made: including several new roofs, HVAC systems, flooring, all exterior paint, appliances, water heaters, and more.  TENANTS PAY ALL UTILITIES!  Whether you're a seasoned investor or just expanding your portfolio, this is a high-yield opportunity you don't want to miss!

Property Details

Basic Info

Property Type
Apartment
Listing Status
Active
Year Built
1920
Rooms
2 bedroom(s), 1 bathroom(s)
Architecture Style
Other
County
Jefferson
Provider
Greater Alabama MLS
Subdivision
Bessemer
Brokerage Office Name
Premier Vestavia, LLC
Brokerage Office Phone
(205) 397-6500
Address
200 3RD AVENUE, BESSEMER, AL 35020

Nearby Schools

TypeSchool nameDistrict name
HighBESSEMER CITYNot available
ElementaryJONESBORONot available
MiddleBESSEMER CITYNot available
JuniorhighBESSEMER CITYNot available
Contact Agent
John Street
Keller Williams Realty Vestavia
3595 Grandview Pkwy, Suite 250, Birmingham, AL 35243
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John Street
3595 Grandview Pkwy, Suite 250, Birmingham, AL 35243
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      Property ID: 110099531511

      Original Property ID: 3yd-BHAMMLSAL-21419141
      Data provided by Greater Alabama MLS, MLS #: 21419141
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