Hueytown, AL 35023 331 Knight Avenue

  • MLS# 1289519
  • 06/21/2021
  • Request Tour
  • Request Info
Presented By: LAH - Crestline Branch
  • Beds • 3
  • Baths • 1
  • SQFT • 1,560
  • Year Built • 1970

Home Details

This home is apart of a Rental Portfolio to be sold with 19 other properties. Not only is the CAP rate outstanding but this portfolio is designed for efficiency! Many of the locations are only 1-2 minute drives from each other, with the furthest between two homes being no more than 10 minutes... 7 of the doors are even all on one street!!! This portfolio is 88% occupied but all units are move-in ready. The sellers decided to leave the last 3 units open, so the new buyer could decide what direction they wanted to take the portfolio. It should be noted that 75% of these homes are within a 5 minute drive of the site for the 2022 WORLD GAMES. Millions of dollars are being invested into restaurants, hotels and infrastructure in anticipation of the games. *Properties will not be sold individually. Asking Price for all 20 properties: $1,500,000 Monthly Rent: $16,186.00 ($8,394 Guaranteed via Section 8) Annual Rent: $201,792.00
Presented By: LAH - Crestline Branch

Interior Features for 331 Knight Avenue

Other Interior Features

SubdivisionBUSH HILLS

General for 331 Knight Avenue

BasementPartial Basement
Bathrooms1
Beds3
ClassRESIDENTIAL
CoolingCentral (COOL)
Elementary SchoolHUEYTOWN
FinancingCash
Fireplaces0
Full Baths1
Garage0
Half Baths0
HeatingElectric (HEAT)
High SchoolHUEYTOWN
Interior FeaturesNone
Laundry Y/NYes
Levels1-Story
Listing AreaBessemer, Hueytown, Pleasant Gro
Middle SchoolHUEYTOWN
Sale/RentFor Sale
StatusActive
StatusActive
TypeSingle Family
WaterPublic Water
Water HeaterElectric (WTRHTR)
WaterfrontNo
Year Built1970

Exterior for 331 Knight Avenue

Car Port0
Exterior3 Sides Brick
Exterior FeaturesNone
FoundationBasement
Patio?No
Pool?No

Additional Details

Price History

Schools

Middle School Hueytown Middle School
Elementary School Hueytown Elementary School
High School Hueytown High School

Chad Beasley

Realtor
Price $97,570
MLS#1289519
List Date 06/21/2021
Property Type Single Family
Phone 205.401.2423
Request Tour
Request Info
Visit My Website

Similar Properties to 331 Knight Avenue