1517 CULLMAN AVENUE, Birmingham, AL 35208
Local realty services provided by:CENTURY 21 Clement Realty, Inc.
Listed by: joey valekis, billy valekis
Office: arc realty vestavia
MLS#:21462708
Source:AL_BAMLS
Price summary
- Price:$2,975,000
About this home
Welcome to Ridgewood Apartments, a 44-Unit community that underwent a complete rehabilitation down to the studs in 2020. The renovation included updated electrical & plumbing systems, new roofs, bathrooms, flooring, windows & improvements to the grounds. The property consists of 44 one-bedroom / one-bathroom units, with approximately 100% occupancy. Ridgewood generates a strong current income with an existing rent roll totaling $32,965/monthly, offering investors the opportunity to acquire a recently renovated, well maintained multifamily property with strong occupancy and established rental income.
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Home facts
- Year built:1930
- Listing ID #:21462708
- Added:41 day(s) ago
- Updated:September 30, 2026 at 03:21 PM
Rooms and interior
- Flooring:Laminate, Wall-to-Wall Carpet
Heating and cooling
- Cooling:Window Units
- Heating:Window Unit(s)
Structure and exterior
- Year built:1930
- Construction Materials:Siding
- Foundation Description:Crawl Space
Schools
- High school:JACKSON-OLIN
- Middle school:BUSH HILLS ACADEMY
- Elementary school:MINOR
Utilities
- Water:Public Water
- Sewer:Sewer Connected
Finances and disclosures
- Price:$2,975,000
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