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218 N 3RD AVENUE

Bessemer, AL 35020

2 beds
1 bath
– sqft
~3/4 acre lot
1920 build
– on site

BACK ON THE MARKET!! ATTENTION INVESTORS!! This is a great opportunity for you to add 9 doors to your portfolio! This mix of 3 single family and 3 Duplex Units CRUSH the 1% rule. Nine addresses are included in this parcel: 200, 202, 204, 206, 208, 210, 212, 214 & 218 3rd Ave N. So many updates have been many of these units such as some with new roofs, new stoves, paint, flooring, appliances, HVAC, water heaters, etc. Each 2x1 Unit has a market rent of $725 monthly. Total Monthly Market Rent is $6,525.00 with an asking price of only $560k. This can also be purchased with another portfolio. Inquire for more information.

Listing courtesy of GALMLS / Keller Williams Realty Vestavia

Last checked: Checking… • Last updated Mar 21, 2024 •

MLS# 21379596 —

The Building

Year Built:

1920
Year Built Description:

Existing
Exterior:

Wood
Tri-Level:

No
Levels:

1-Story
Exterior Features:

Fenced Yard
Attic:

No
Foundation:

Crawl Space
Finished Basement SqFt:

0 Sqft
Main Level SqFt:

714
SqFt Source:

Per Tax Report
Unfinished Basement SqFt:

0 Sqft

Interior

Living Area (main+upper):

714
Ceiling Type:

Other
Split Foyer:

No
Rooms:

Bedroom, Full Bath, Kitchen
Room 3:

Bedroom
Room 4:

Full Bath
Room 5:

Bedroom
Laundry Space:

Room
Laundry Features:

Washer Hookup
Kitchen Countertops:

Laminate
Laundry Location:

Main
Concatenated Rooms:

|Living1|Kitchen1|Bedroom1|FullBath1|Bedroom1|
Floors:

Carpet, Hardwood, Tile Floor
Room 1:

Living
Room 2:

Kitchen
Laundry:

Yes
Kitchen Equipment:

Oven-Electric
Room 1 Level:

1
Room 2 Level:

1
Room 3 Level:

1
Room 4 Level:

1
Room 5 Level:

1
Rooms Level 1:

Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)

Financial & Terms

Financing:

Cash, Conventional
Sale Type:

As Is
Listing Price per Acre:

$698.88

Location

Directions:

From Hwy 150, turn Left onto Fairfax Ave. Then Right onto 9th Street S. Then Left onto 2nd Ave N. Then Right onto 3rd St N. Then Left onto 3rd Ave N.
Direction:

N
Latitude:

33.384436
Longitude:

-86.968619

The Property

Legal Description:

LOTS 3-4-5 & 6 RESUB OF LOTS 4 & 6 BLK 13 C MCADORYS 2ND ADD TO BESS & BLK 30 IN MCADORY VS BASS ADD TO BESS MAP 1
Property Type:

Single Family
Decks:

No
Flood Plain:

No
Class:

Residental

Listing Agent

Contact info:

Taxes

Parcel ID:

38-00-16-3-009-002.000
Tax District:

BESSEMER

Beds

Bedrooms:

2

Baths

Total Baths:

1
Full Baths:

1
Bed/Bath Features:

Tub/Shower Combo

The Listing

Virtual Tour

Heating & Cooling

Cooling:

Central , Electric
Heating:

Central, Electric
HVAC Total Area:

714

Utilities

Public Water:

Public Water
Sewer/Septic:

Connected
Underground Utilities:

No

Appliances

Water Heater:

Electric
Laundry Dryer Hookup:

Dryer-Electric

Schools

Elementary School:

GREENWOOD
Jr/Middle School:

BESSEMER CITY
High School:

BESSEMER CITY

The Community

Subdivision:

AL
Minor Subdivision:

BESSEMER

Parking

Parking Features:

Driveway Parking

Monthly cost estimate

Asking price

$499,000

Expense	Monthly cost
Mortgage	$2,671
Taxes	N/A
Insurance	$137
Utilities	N/A
Total	$2,808/mo.^*
	^*This is an estimate

Explore the Area

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Max Internet Speed

AT&T Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
3/21/24 Mar 21, 2024	Price Changed	GALMLS	$499,000	-10.9%
3/13/24 Mar 13, 2024	Listed / Active	GALMLS	$560,000	80.1% (41.8% / YR)
4/15/22 Apr 15, 2022		GALMLS	$311,001

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This house located in Bessemer, AL 35020 is currently for sale for $499,000. 218 N 3RD AVENUE is a – square foot house with 2 beds and 1 bath that has been on Estately for 46 days. This house is in the attendance area of Bessemer City High School.

Listing Courtesy of: GALMLS and Keller Williams Realty Vestavia.

IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the content is not guaranteed accurate by the MLS.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.