$2,975,000

Apartment In Birmingham

  • 1 Beds
  • 1 Baths
  • 795 Sqft
  • Updated: Today
  • Source:
    Greater Alabama MLS  MLS#21462708

About the Property

Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current inc
Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income.
  • Property type

    Apartment

  • Year built

    1930

  • Price/sqft

    $3,742

Features

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1517 CULLMAN AVENUE, Birmingham, Alabama, United States View on Google Maps
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ARC Realty Vestavia - Birmingham

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ARC Realty Vestavia - Birmingham
Alabama, United States
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66
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2026
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ARC Realty Vestavia - Birmingham
Birmingham, Alabama, United States
View agency profile
Last updated
Today
First listed
Aug 21
Listing reference
21462708
Listing status
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