Renovated Condo with Downtown
2407 ARLINGTON CRESCENT #C Birmingham, AL 35205
2407 ARLINGTON CRESCENT #C, Birmingham, AL, 35205
$140,000
For Sale
$140,000
Top-floor condo with views, renovated kitchen, and new appliances.
Property Size770 SF
Price / SF$181.82
Days on Market343
Property Features for 2407 ARLINGTON CRESCENT #C
General Information
- Standard status
- Active
- Size
- 770 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 1972
Listing Agency
KW Hoover
(256) 673-0584
Listed by
Melissa Boyer · License #AL
(256) 673-0584
Source
Kw
Added: Aug 8, 2025 Checked: Jul 16 at 6:52 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Hoover
Investment Insights
Based on property information with market context.
This newly renovated top-floor condominium is located in the quiet Arlington Crest Community atop Red Mountain. The 1-bedroom, 1-bathroom condo offers views of the neighborhood and downtown Birmingham from a private balcony. Expansive windows provide natural light throughout the home. The primary suite includes a generous closet and an updated bathroom. The kitchen features stainless-steel appliances, including a ceramic cooktop range with a new range hood, a new dishwasher, a new microwave, and a refrigerator. A washer/dryer combination unit is included. A new air-conditioning unit (cooling+heating) was installed in 2024. Convenient parking is available in the rear of the building, with a short walk to the door. A new metal roof was installed on the entire building in 2022. The HOA fee includes water and security cameras. The property is located minutes from UAB, the interstate, hospitals, restaurants, and shopping. The property size is 770 square feet.
Key Highlights
- Sweeping views of downtown Birmingham from a private balcony.
- Newly renovated top‑floor condo with abundant natural light.
- Updated kitchen with stainless‑steel appliances (including new dishwasher, microwave, and refrigerator) and ceramic cooktop range.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $11.2k | $14.52 |
| − Vacancy | −$1.1k | −$1.41 |
| EGI | $10.1k | $13.11 |
| − OpEx | −$4.5k | −$5.90 |
| NOI | $5.6k | $7.21 |
770 SF · lease $14.52/SF/yr · vacancy 9.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$79.3K
$69.4K – $92.6K
NOI $5,553 @ 7.0% cap · market cap 3.97%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$180.7K
$158.1K – $210.9K
NOI $12,651 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Top-floor condo with views, renovated kitchen, and new appliances.
Where is this apartment building located?
The property is located at 2407 ARLINGTON CRESCENT #C Birmingham, AL.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Sweeping views of downtown Birmingham from a private balcony.; Newly renovated top‑floor condo with abundant natural light.; Updated kitchen with stainless‑steel appliances (including new dishwasher, microwave, and refrigerator) and ceramic cooktop range.
