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$499,000   Price Analysis
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218 N 3rd Ave
Bessemer, AL 35020
2 bed 1 bath 714 SqFt ($698/SqFt)
0.77 acre lot. Built 1920
Listed 2024-03-14, Taxes $3,010
Ⓧ USDA Ineligible
due to location

near Bessemer

BACK ON THE MARKET!!

ATTENTION INVESTORS!! This is a tremendous 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 and 218 3rd Ave N.

S 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 $560k. This can als o be purchased with another portfolio. Inquire for more information.


Presented by John Street at
Keller Williams Realty Vestavia.


Property MLS #21379596 from Birmingham

Bedrooms: 2

Total Bathrooms: 1 / 0
Full Bathrooms: 1

Oven-Electric
Laundry Features: Washer Hookup, Laundry Space: Room, Laundry Dryer Hookup: Dryer-Electric, Laundry Location: Laundry (MLVL)

Kitchen Countertops: Laminate

Living Level: 1
Kitchen Level: 1
Bedroom Level: 1
Full Bath Level: 1
Bedroom Level: 1

Cooling Features: Central , Electric
Heating Features: Central , Electric
Water Heaters: Electric (WTRHTR)

Interior Amenities: Tub/Shower Combo
Flooring: Carpet, Hardwood, Tile Floor

Fenced Yard

Lot Size Acres: 0.77
Lot Size Square Feet: 33541

Garage Description: Driveway Parking

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: GREENWOOD
High School: BESSEMER CITY
Middle School: BESSEMER CITY

Bessemer City High School is a public high school located approximately 2 miles away.
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Jonesboro Elementary School is a public elementary school located approximately 0.8 miles away.
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Beulah Baptist Christian School is a private elementary school located approximately 0.8 miles away.
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Bessemer City Middle School is a public middle school located approximately 1 miles away.
directions icon Map directions

Source Listing Status: Active
County: Jefferson
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.
Source Property Type: RESIDENTIAL
Area: Bessemer, Hueytown, Pleasant Grove, Oak Grove
Source Neighborhood: BESSEMER
Subdivision: BESSEMER
Flood Plain: No
Property Subtype: Single Family
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$43,820
$3,010
2021$unknown + $unknown
$43,820
$3,010
2020$unknown + $unknown
$43,820
$3,010
2019$unknown + $unknown
$43,820
$3,010
2018$unknown + $unknown
$32,220
$2,213
2017$unknown + $unknown
$32,220
$2,213
2016$unknown + $unknown
$32,220
$2,213
2015$unknown + $unknown
$42,780
$2,938
2013$unknown + $unknown
$9,120
$641
2013$unknown + $unknown
$9,120
$641
2012$4,780 + $4,332
$9,112
$641
2011$4,840 + $4,340
$9,180
$645
2010$4,840 + $4,340
$9,180
$645
2009$4,840 + $4,340
$9,180
$645
2008$5,000 + $4,340
$9,340
$656
2007$4,880 + $4,340
$9,220
$648

Price Changed 2024-03-21
$499,000
Birmingham
Listed 2024-03-14
$560,000
Birmingham
Listing removed 2024-03-02
$0
Birmingham
Price Changed 2023-12-10
$560,000
Birmingham
Price Changed 2023-10-02
$595,000
Birmingham
Listed 2023-08-24
$608,000
Birmingham
Listing removed 2023-05-25
$725
Birmingham
Listed for rent 2023-05-11
$725
Birmingham
Sold 2022-04-15
$311,001
Birmingham
Sold 2004-10-28
$58,575
Public Record

Total Square Feet Living: 714
Year Built: 1920
Construction Materials: Wood
Foundation Details: Crawl Space
Living Area Source: Per Tax Report
Property Age: 104
Levels or Stories: 1-Story
Total Area Main: 714
Year Built Details: Existing

Sewer: Connected
Water Source: Public Water
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.