INVESTOR ALERT! Incredible opportunity to add 9 cash-flowing doors to your portfolio! This unique package includes 3 single-family homes and 3 duplexes (9 total units), all situated on one parcel: 200, 202, 204, 206, 208, 210, 212, 214 & 218 3rd Ave N. These properties crush the 1% rule, with a combined ARV Market Rent of $7,425/month and a price tag of just $395,000. Each 2 bed / 1 bath unit has an ARV Market Rent of $825/month. Current occupancy includes three rented units bringing in $2,215/month (one at $825, two at $695). Some of the vacant units need some work to make them rent ready, approx $3,000 each per seller, but a lot of updates have already been made: including several new roofs, HVAC systems, flooring, all exterior paint, appliances, water heaters, and more. TENANTS PAY ALL UTILITIES! Whether you're a seasoned investor or just expanding your portfolio, this is a high-yield opportunity you don't want to miss!
For sale
$395,000
200 3rd Ave N, Bessemer, AL 35020
2beds
714sqft
Est.:
Apartment
Built in 1920
-- sqft lot
$-- Zestimate®
$553/sqft
$-- HOA
What's special
New roofsExterior paint
- 34 days
- on Zillow |
- 153 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: May 26, 2025 at 07:38am
Listed by:
John Street 205-821-2572,
Keller Williams Realty Vestavia
Source: GALMLS,MLS#: 21419141

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central, Electric
Cooling
- Central Air
Appliances
- Included: Cooktop, Electric Water Heater
- Laundry: Washer/Dryer Connection
Features
- Flooring: Vinyl, Carpet
- Basement: Crawl Space
Interior area
- Total interior livable area: 714 sqft
Video & virtual tour
Property
Parking
- Parking features: 2 Spaces per Unit, On Street
- Has uncovered spaces: Yes
Details
- Parcel number: 3800163009002.000
- Special conditions: As Is
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Apartment
Materials
- Frame
Condition
- Year built: 1920
Utilities & green energy
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Bessemer
Location
- Region: Bessemer
Financial & listing details
- Price per square foot: $553/sqft
- Price range: $395K - $395K
- Date on market: 5/16/2025
- Tenant pays: All Utilities
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