826 1ST STREET, Birmingham, AL 35204

This for-sale multifamily property consists of 24 apartment units across three buildings, with all main level slab units. The unit mix is 12 one-bedroom, one-bath units and 12 two-bedroom, one-bath units. According to the seller, units were renovated in 2022–2023 with new electrical, plumbing, HVAC ducting and vents, HVAC units, windows, kitchens, and baths, with additional electrical meter upgrades completed after the 2022 purchase.

The property is located at 826 1st Street in Birmingham, Alabama (Jefferson County). The current remarks state there are 16 vacant units, and that some vandalizing has occurred, requiring an estimated $100,000 in repairs that may include cabinets, HVAC, flooring, doors, and some plumbing/tile. The owner also notes the site is one block from the Smithfield Community Transformational Grant project.

This offering is positioned for a buyer prepared to complete repairs and stabilize occupancy, with some vacant units described as nearly ready to rent. The seller states there is no seller financing, and indicates willingness to accept a small deposit and allow the purchaser to rehab the units in order to pursue a new first mortgage, with the help of a qualified property manager. Prospective buyers should plan for both near-term turnover work and continued property maintenance needs based on the current condition described in the remarks.