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304 2ND TERRACE

Birmingham, AL 35204
  • $100,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 21407967
UPDATED: 61 min ago
$100,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1965
County:

School Information

Elementary School:
Middle School:
High School:
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Keller Williams Realty Vestavia.
© 2025 Greater Alabama MLS.



Description

Attention investors looking for VALUE ADD!! Amazing OPPORTUNITY ZONE property with (10) 2 bed/1bath. This is a 2 story property with 10 units and 6960 Sq.ft. The property requires a full renovation. All units are 2 bed/1bath and there are no previous rent rolls. Second building burned down, so footprint could be rebuilt for another (10) 2/1 units. The building in the photo are the 10 units needing renovation. There is another building to the right that was in the process of renovations when it burnt to the ground. Current owner guesses with another $5000 in framing, the building in the photos would be ready to start roughing in electrical and plumbing. We do not have a quote in writing, but renovation of each unit came in at an estimate of $51,000 per door. This would include rebuilding the front stairs and the back stairs and all of the exterior work included in that number.

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Greater Alabama MLS (Birmingham Association of Realtors) logo © 2025 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 Josh Vernon Group | Keller Williams. Data last updated: 2025-02-09T11:31:21.617.

www.joshvernongroup.com/homes/159863421
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304 2ND TERRACE Birmingham, AL 35204

  • Price: $100,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 61 min ago
  • MLS #: 21407967
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1965
Built
Neighborhood:
Smithfield South
County:
Jefferson
Area:
Ensley, Fairfield, Midfield, West End
Elementary School:
Washington
Middle School:
Booker T Washington
High School:
Parker
Property Description
Attention investors looking for VALUE ADD!! Amazing OPPORTUNITY ZONE property with (10) 2 bed/1bath. This is a 2 story property with 10 units and 6960 Sq.ft. The property requires a full renovation. All units are 2 bed/1bath and there are no previous rent rolls. Second building burned down, so footprint could be rebuilt for another (10) 2/1 units. The building in the photo are the 10 units needing renovation. There is another building to the right that was in the process of renovations when it burnt to the ground. Current owner guesses with another $5000 in framing, the building in the photos would be ready to start roughing in electrical and plumbing. We do not have a quote in writing, but renovation of each unit came in at an estimate of $51,000 per door. This would include rebuilding the front stairs and the back stairs and all of the exterior work included in that number.
Exterior Features

Multifamily Property Type Apartment

Interior Features

Cooling No Cooling Floors Other Foundation Slab Heating No Heat Type One Bedrooms 2 Type One Full Baths 1 Type One Furnished ASN None Type One Half Baths 0

Property Features

Construction Brick Expense Term Per Year Expenses 0 Financing Cash Miscellaneous Handyman Special Sales Type As Is Sewer Septic Connected Tenant Pays Other Type One Features Den Type One Units 10 Water Public Water Water Heater None Year Built Desc Existing

Listing provided by Keller Williams Realty Vestavia: (205) 397-6500.


Greater Alabama MLS (Birmingham Association of Realtors) logo © 2025 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 Josh Vernon Group | Keller Williams. Data last updated: 2025-02-09T11:31:21.617.

 
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Josh Vernon Group | Keller Williams
Birmingham AL,
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Keller Williams Realty Vestavia.
© 2025 Greater Alabama MLS.