Multifamily Housing - For Sale
2134 Lynngate Drive Hoover, AL 35216
Details & Description
Price: $675,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.490
  • Building Sq Ft 4,000
  • Building Price per Sq Ft $168.75
  • Land Sq Ft 21,344
  • Land Price per Sq Ft $31.62
100% occupied, 3 story duplex, consisting of two 3BR/2B units, that are both +/- 2000 sq feet each, on 0.49 AC of land. All units are fully updated in every aspect; complete paint, new doors/hardware, new lighting fixtures, new flooring, faux hardwood/carpet, new appliances.
Property ID:    301738
Property URL: melqr.com/301738
Generated:    03-20-23
Property Highlights
• Array
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Additional Photos
Listing Agents
Alex Kyriazis

O: 251-591-9390
alexk@lahcommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
Alabama / Hoover / 35216 / 2134 Lynngate Drive

2134 Lynngate Drive

Hoover, AL 35216

Listing ID: 301738
$675,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.490
  • Building Sq Ft 4,000
  • Building Price per Sq Ft $168.75
  • Land Sq Ft 21,344
  • Land Price per Sq Ft $31.62
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Property Highlights
• Lower level has a 2 car garage shared by tenants
• Strong rents in place in a highly desirable section of Birmingham’s most populated submarket
• Unit A has a new HVAC compressor, and Unit B has a new heating system
• Current rents are at $2,250 per unit, a year; room to grow these to about $2,500 (+)
Description

100% occupied, 3 story duplex, consisting of two 3BR/2B units, that are both +/- 2000 sq feet each, on 0.49 AC of land. All units are fully updated in every aspect; complete paint, new doors/hardware, new lighting fixtures, new flooring, faux hardwood/carpet, new appliances.

Attachments & Files
att2134-lynngate-drive-cXN-w9p.pdf

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Hoover Area Market Trends

Listing Demographics for 2134 Lynngate Drive Hoover, AL 35216

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population10,28460,746133,266
Population Median Age333738
Population by Age0-9 Yrs1694 (16%)8634 (14%)18005 (13%)
10-19 Yrs1215 (11%)6856 (11%)16195 (12%)
20-29 Yrs1995 (19%)8783 (14%)18835 (14%)
30-39 Yrs1971 (19%)9581 (15%)19897 (14%)
40-49 Yrs1230 (11%)7474 (12%)16306 (12%)
50-59 Yrs960 (9%)7485 (12%)16280 (12%)
60-69 Yrs603 (5%)6179 (10%)14564 (10%)
70+ Yrs616 (5%)5754 (9%)13182 (9%)
Median HH Income$53,153$74,077$83,231
Total Household Income< 24K732 (17%)3119 (12%)6253 (11%)
25-49K1293 (30%)4903 (20%)9087 (17%)
50-74K798 (18%)4312 (17%)8866 (16%)
75-99K516 (12%)3397 (13%)6892 (13%)
100-199K790 (18%)5667 (23%)14224 (26%)
200K+153 (3%)2993 (12%)7629 (14%)
Highest Education LevelNo Diploma31121033495
Diploma or GED1274621611630
Some College1704799315855
Assoc. Degree53425425151
Bachelors Degree18511365932428
Higher Degree823900321901
Total Housing Units4,57727,16158,533
--Owner-Occupied1,63714,17533,934
--Renter-Occupied2,64510,21619,017
Owner-Occupied Values< 100K2797681542
100-199K64027695109
200-299K569482210459
300-399K6928997601
400-499K2312854067
500K+5816315156
Total Working Age Population7,73947,813105,445
In Work Force5,97133,24471,556
Not In Work Force1,76714,56933,890
Workforce Employed5,68832,00168,965
Workforce Unemployed2611,1612,392
Civlian Workforce5,94933,16271,357
Military Workforce2382199
Total Households4,28124,39152,951
Family Households2,37415,79134,598
Non-Family Households1,9078,60018,353
Married Couple1,45412,20028,255
Other Family9203,5916,343
Married w/Child7685,14411,939
Single Male w/Child155320533
Single Female w/Child3521,4942,657

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Alabama4,447,100+74,779,736+34,940,253+45,124,380
Shelby County143,293+36195,085+15224,628+13253,485
Jefferson County662,047-1658,466+1662,4580665,244

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views
Other Multifamily Housing Listings for Sale Nearby
Address Price Sq Ft Acres
1820 3rd Avenue North, Birmingham, AL CALL 6500 1
1820 3rd Avenue North, Birmingham, AL CALL 30000 0.5
101 Hillside Circle, Gadsden, AL $950,000 76000 15.07
559 South Court Street, Montgomery, AL $750,000 50484 1.38
2809 Chestnut Street, 2809 2815, Montgomery, AL $210,000 21000 -
3852 Narrow Lane Road, Montgomery, AL $59,900 2024 0.48
3807 Mc Vay Street Southwest, Huntsville, AL $1,390,000 6648 0.61
1100 York Avenue, Opelika, AL $1,122,500 51000 10.22
600 East 8th Street, West Point, GA $1,200,000 29136 3.46
495 Perdue Pl, Greenville, AL CALL 104832 5
Closest Commercial Airports
Airport Distance (mi)
Birmingham-Shuttlesworth International Airport (BHM) 12
Montgomery Regional (Dannelly Field) Airport (MGM) 79
Huntsville International Carl T Jones Field (HSV) 86
Listing Agent
Alex Kyriazis - CRE Agent at

Alex Kyriazis

LAH Commercial

251-591-9390 (office)

lahcommercial.com/

CONTACT ME

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