Condo Near UAB and
401 20TH STREET S #119 Birmingham, AL 35233
For Sale
$139,000
Condo with modern features, convenient location, and easy access.
Property Size601 SF
Price / SF$231.28
Days on Market416
Property Features for 401 20TH STREET S #119
General Information
- Standard status
- Active
- Size
- 601 SF
- Property subtype
- Condominium
Building Details
- Year Built
- 2008
Listing Agency:
Keller Williams Realty Homewood
(205) 531-2747
Listed By:
Brian Kelleher · License #97090
(205) 531-2747
Source:
Kw
Added: Jun 7, 2025
Changed: Jul 6
Last Checked: May 19 at 9:14PM
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 Keller Williams Realty Homewood
Investment Insights
Based on property information with market context.
Bristol Southside is suitable for Birmingham professionals and UAB students. The condo features concrete flooring, granite countertops, and stainless steel appliances. It is located near a pool, restaurants, grocery stores, transportation options, UAB, and Downtown, all within walking distance. This main floor condo offers easy access from its assigned parking space in the parking deck, with no stairs between the two. The property size is 601 square feet.
Key Highlights
- Prime Location: Walking distance to restaurants, grocery stores, transportation, UAB, and Downtown.
- Easy Access: Main floor condo with assigned parking in the deck and no stairs.
- Modern Features: Enjoy concrete flooring, granite countertops, and stainless steel appliances.
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 | $8.7k | $14.52 |
| − Vacancy | −$846 | −$1.41 |
| EGI | $7.9k | $13.11 |
| − OpEx | −$3.5k | −$5.90 |
| NOI | $4.3k | $7.21 |
601 SF · lease $14.52/SF/yr · vacancy 9.70% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$61.9K
$54.2K – $72.2K
NOI $4,334 @ 7.0% cap · market cap 3.12%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$141.1K
$123.4K – $164.6K
NOI $9,875 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
BPA Deck 3
Parking Lot & Garage
Bristol Southside
Condominium Complex
Easy Move Company
Big Box & Wholesale Store
FAQs
What type of property is this?
Apartment building - Condo with modern features, convenient location, and easy access.
Where is this apartment building located?
The property is located at 401 20TH STREET S #119 Birmingham, AL.
What is the asking price?
The asking price for this property is $139,000.
What are key features of this property?
This property features: Prime Location: Walking distance to restaurants, grocery stores, transportation, UAB, and Downtown.; Easy Access: Main floor condo with assigned parking in the deck and no stairs.; Modern Features: Enjoy concrete flooring, granite countertops, and stainless steel appliances.
