$125000 / Four BR - 6160ft² - Investors Dream! 6100 Sf For $125K.

Offering. 1638 East Lake Blvd, Birmingham (Tarrant), AL 35217. A Multi-Use Red Brick Building. Information. -Corner terrific deal on active blvd. -Very 1st level includes 2 business store fronts at appr 1500 square ft each; can be opened up to 1 device with appr 3000 square feet Perfect for local business or church use. -2nd level contains 2 residential flats with two bedrooms, 1 bathrooms each. Each system has appr 1500 square feet -Concrete flooring on initial level; hard wood floors on 2nd level. -Zillow shows 6160 sf. Electrical electrical wiring upgraded in 2013. A-c systems installed 2013. -Integrateded 1930, Parking in back. -Area is mainly single household but road includes 2 churches and a school. Terms. Offered at $125,000 ($20.49 each sq ft). Area houses are costing $30 to $35 each sf. Financing support offered with 30 % down repayment. Downstairs devices will certainly rent for $500 each and upstairs units will rent for $450 each. Total pro-forma rental earnings of $1900. For sale by owner.