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    625 Goldwire Pl SW Birmingham, AL 35211

    For Sale
    Contact for pricing

    40-unit multifamily property in Birmingham, Alabama, built in 1966.

    Property size:
    26,880 SF

    Property Features for 625 Goldwire Pl SW

    General Information

    Size
    26,880 SF

    Building Details

    Year built
    1966

    Source: Richard McDonald Agent Richard McDonald

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Birmingham Multifamily Investment Opportunity

    This multifamily property in Birmingham, AL, presents an investment opportunity. The building, constructed in 1966, spans 26,880 square feet and comprises 40 units. Zoned R6, the property offers potential for expansion and development. The location in the Birmingham area enhances its appeal for multifamily, low-rise, and garden investors. The property has a history of tenancy and a community-oriented design, suggesting potential for rental income and long-term growth. The location offers proximity to amenities such as the Birmingham Civil Rights Institute and Vulcan Park and Museum. Residents can enjoy green spaces at Railroad Park and Red Mountain Park. The area provides access to dining, entertainment, and public transport, offering a blend of comfort and accessibility.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Reddick Bug Patrol Pest Control Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Birmingham
    County
    Shelby
    State
    Alabama
    Longitude
    -86.8360557
    Latitude
    33.4889532

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    FAQs

    What type of property is this?
    Apartment building - 40-unit multifamily property in Birmingham, Alabama, built in 1966.
    Where is this apartment building located?
    The property is located at 625 Goldwire Pl SW Birmingham, AL.
    What are key features of this property?
    This property features: - High Rental Income Potential: 40 units in a 26,880 SF building.; - Prime Birmingham Location: Convenient access to amenities, dining, entertainment, and public transport.; - Development Opportunities: Zoned R6, offering potential for expansion.
    (256) 668-2858
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    625 Goldwire Pl SW Birmingham, AL 35211
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    Birmingham, AL 35211
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    625 Goldwire Pl SW Birmingham, AL 35211
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