2013 33rd Avenue North

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2013 33rd Avenue North

Birmingham, AL 35207
Asking Price
$65K
Asset Type
Residential Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Residential land parcel available for sale in Birmingham
  • Strategically positioned within the 35207 zip code area
  • Priced at $65,000 for potential residential development projects
  • Located in a market with diverse regional employment drivers
  • Suitable site for traditional single family residential construction

What's Special

This residential land parcel located at 2013 33rd Avenue North in Birmingham, Alabama, presents a clear development opportunity for investors seeking to expand their portfolio in this growing Southern metropolitan area. Birmingham maintains a steady economic landscape supported by a diverse base of healthcare, banking, and manufacturing employers, making it a viable market for residential projects. The site is well-positioned for the construction of a traditional bungalow or similar single-family residential structure, catering to the ongoing demand for quality housing stock within the community. Proximity to local thoroughfares provides efficient connectivity to the broader Birmingham region, facilitating ease of access for future residents or prospective tenants. The property is offered at an asking price of $65,000, providing an accessible entry point for builders or developers focused on value-add residential assets. Its strategic placement within the 35207 zip code makes it a suitable candidate for those looking to capitalize on existing urban infrastructure and long-term neighborhood growth.

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NOI
$80,000
Cap Rate
123.08%
DSCR
20.73
Strong
Cash-on-Cash
390.47%
Monthly Payment
$321.585
Annual Cash Flow
$76,140.986

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