1805 Polly Reed Court

Birmingham, AL 35215

$1,320,000
Last Sold Price
3
Beds
1,400 Sq. Ft.
$943 / Sq. Ft.
1,400
Sq. Ft.
$943
per Sq. Ft.
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Sold 9/30/22
Sold 9/30/22

Description

Great opportunity to purchase this multifamily property, 24-units currently in the last phase of renovation! With new plumbing and electrical and fixtures as needed. Updates to Kitchens & bathrooms. New Vinyl floors in main living and new carpet in bedrooms. All interior and all exterior paint. Units are large and spacious. Tons of natural light. All units come with new refrigerator and new stove. Structure behind the 1805 building has electricity and water for a laundry room. It has not been set...Great opportunity to purchase this multifamily property, 24-units currently in the last phase of renovation! With new plumbing and electrical and fixtures as needed. Updates to Kitchens & bathrooms. New Vinyl floors in main living and new carpet in bedrooms. All interior and all exterior paint. Units are large and spacious. Tons of natural light. All units come with new refrigerator and new stove. Structure behind the 1805 building has electricity and water for a laundry room. It has not been set up, as of yet. This room could possibly hold 3 to 4 coin-operated washers and dryers for another revenue stream! 6 units are 1br/1b and 18 units are 2br/1b. New rents at $695 and $795. Currently being leased up. With one new paved parking lot, tons of green space and plenty of parking. Convenient to shopping and businesses. Proforma cap of 9.8% estimate. Reach out for P&L and further information. Income and expenses projected.
  1. Listed by Margie Beth Shaw • Brokerage DRE #000078100 • Keller Williams Realty Vestavia
    P: (205)-397-6500 C: (205)-234-2906 MargieBeth@kw.com

Property Details for 1805 Polly Reed Court

Subdivision Name
CENTER POINT
LISTING CLOSED: 09/30/2022 12:00 AM

Property Details for 1805 Polly Reed Court

StatusSold
MLS #1329377
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1969
Lot Size-
CountyJefferson County
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Location

Listing Courtesy of Keller Williams Realty Vestavia

Sold By Keller Williams Realty Vestavia

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Building Information for 1805 Polly Reed Court

Stories-Residences24Year Built1969Building Size-Lot Size-

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$6,578 per month

30 year fixed, 6.36% Interest

Principal and Interest

$6,578

Property Taxes

$0

HOA Dues

$0

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Property Information for 1805 Polly Reed Court

Summary
Location and General Information
  • Directions: Head east on US-11 N > Turn left onto Roebuck Pkwy > Merge onto Parkway E Pass by Chick-fil-A (on the right) > Continue onto AL-75 N/Center Point Pkwy > Continue to follow AL-75 N > Turn right onto Polly Reed Rd NE > Turn left onto Polly Reed Ct
  • Latitude: 33.634894
  • Longitude: -86.681812
  • MLS Area Major: Center Pt, Grayson Valley, Huffman, Roebuck
School Information
  • Elementary School: CENTER POINT
  • High School: CENTER POINT
  • Middle Or Junior School: ERWIN
Property
Property and Assessments
  • Living Area: 1400.0
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Year Built: 1969
Building Features
  • Construction Materials: Brick
Utilities
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Appliances: Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Cooling: Central Air
  • Has Cooling: Yes
  • Flooring: Vinyl
  • Heating: Central
  • Has Heating: Yes
  • Interior Features: Eat-in Kitchen
  • Main Level Bedrooms: 1
Multi Family
Multi Family Information
  • Number Of Units Total: 24

Property History for 1805 Polly Reed Court

DateEvent & SourcePriceAppreciation
Sep 30, 2022

Sold

Greater Alabama MLS #1329377

$1,320,000—
Aug 8, 2022

Contract Signed

Greater Alabama MLS #1329377

—
Jul 29, 2022

Listed (Active)

Greater Alabama MLS #1329377

$1,320,000—
DateEvent & SourcePrice
09/30/2022

Sold

Greater Alabama MLS #1329377

$1,320,000
08/08/2022

Contract Signed

Greater Alabama MLS #1329377

—
07/29/2022

Listed (Active)

Greater Alabama MLS #1329377

$1,320,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1805 Polly Reed Court

This home is within Jefferson County School District.
Rating
School
Type
Grades
Distance
Center Point Elementary School
Public - PK to 2
Erwin Intermediate School
Public - 3 to 5
Erwin Middle School
Public - 6 to 8
Center Point High School
Public - 9 to 12
Rating
School
Distance
Center Point Elementary School
PublicPK to 2

Erwin Intermediate School
Public3 to 5

Erwin Middle School
Public6 to 8

Center Point High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Keller Williams Realty Vestavia

The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Birmingham Alabama Association of REALTORS®. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Birmingham Alabama Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records.