- – beds
- – baths
- – sqft
- 1983 build
- – on site
Stable 14 unit apartment building. Fully occupied with good mix of section 8 tenants providing guaranteed flow of income and long-term self pay tenants. Gross rents of $12,251/mo. Tenants pay their own utilities (electricity and water). Owner pays trash, optional pest control, and some exterior lighting. New vinyl windows throughout all units. Newer roof. All incoming water lines are new from meter, and PVC drains and sewer. All units have water cutoffs inside for flood prevention. 50/50 new HVAC and water heaters. Painted cabinets and new countertops. Ceramic tiled shower surrounds and floors. Each unit has its own laundry space. Rent Roll details and a 2024-2025 P&L can be found under documents tab by your realtor. No showings without a qualified offer. Professional local management available with free trial period.
Last checked:
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Last updated Jun 11, 2025
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MLS# 21421728 —
The Building
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Year Built:1983
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Year Built Description:Existing
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Construction:Brick and Frame
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Foundation:Slab
Interior
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Floors:Vinyl
Financial & Terms
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Financing:Cash, Conventional
Location
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Directions:From 59 freeway head SE on Oporto Madrid. 409 in on left hand side
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Latitude:33.557829
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Longitude:-86.72312
The Property
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Property Type:Apartment
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Flood Plain:No
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Class:MULTIFAMILY
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Miscellaneous:None/Other
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Legal Description:LOT 42-A BLK 96 EAST LAKE MANOR APARTMENT RESUR PB 137 PG 36 LESS PT TO R/W
Listing Agent
- Contact info:
- Office phone:
- 1(205) 733-0354
Taxes
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Parcel ID:23-00-14-2-015-010.000
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Tax District:BIRMINGHAM
The Listing
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Sales Type:N/A
Heating & Cooling
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Cooling:Central Control (COOL)
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Heating:Electric (HEAT)
Utilities
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Water:Public Water
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Sewer/Septic:Connected
Appliances
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Water Heater:Electric (WTRHTR)
Schools
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Elementary School:ROBINSON
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Middle Or Junior School:OSSIE WARE MITCHELL
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High School:WOODLAWN
The Community
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Subdivision:AL
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Minor Subdivision:EAST LAKE
Parking
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Parking:Guest Parking
Extra Units
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Total Units:14
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Type 1 Furnished:None
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Type 1 Features:Eating Area-Kitchen, Refrigerator, Sep Dining, Sep Living, Stove, Washer/Dryer Connection
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Type 1 SqFt:800 Sqft
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Type 1 # of Units:12
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Type 1 # Bedrooms:2
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Type 1 # of Full Baths:1
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Type 2 Furnished:None
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Type 2 Features:Eating Area-Kitchen, Refigerator, Sep Dining, Sep Living, Stove, Washer/Dryer Connection
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Type 2 SqFt:700 Sqft
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Type 2 # of Units:2
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Type 2 # Bedrooms:1
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Type 2 # Full Baths:1
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/11/25
Jun 11, 2025
|
Listed / Active | GALMLS | $1,050,000 |