18
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$225,000
Est. payment /mo
4,033 SqFt
Active
1488 PEARSON AVENUE SW Birmingham, AL 35211
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,033 sqft
Price per Sqft $55
MLS Listing ID 21462216
Year Built 1920
Lot Size 0.400 Acres
Property Sub-Type Mixed Use
Property Description
Property Sale Description Unique mixed-use investment opportunity featuring three separate buildings on one property. The commercial building, formerly home to a long-standing flower shop, offers retail space with a metal roof approximately 3 years old and HVAC approximately 5 years old. Some furniture, fixtures, and appliances from the former flower shop remain with the property. The residential portion includes a 3-bedroom, 1-bath home currently rented for $950 per month through Section 8, providing immediate rental income. A separate 1-bedroom garage apartment offers additional income potential but needs repairs and updating before occupancy. This property offers a combination of commercial space, existing residential income, and additional value-add potential. Ideal for an investor, owner-user, or buyer seeking multiple income streams from one property.
Location
State AL
County Jefferson
Area Ensley, Fairfield, Midfield, West End
Interior
Cooling Central-Electric
Flooring Tile/Vinyl
Building
Sewer Connected
Water Public Water
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/bham/21462216
Listed by Ron Prince Realty
Nearby Locations
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