1527 5th AVE W Save Request In-Person Tour Request Virtual Tour
Birmingham,AL 35208
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status New
Purchase Type For Sale
Square Footage 1,470 sqft
Price per Sqft $102
Subdivision Heflin Collins
MLS Listing ID 10633071
Style Ranch
Bedrooms 4
Full Baths 2
Year Built 1940
Annual Tax Amount $1,441
Tax Year 24
Lot Size 6,534 Sqft
Property Sub-Type Single Family Residence
Property Description
Rare opportunity to acquire 4 fully-leased residential properties with GUARANTEED SECTION 8 RENTAL INCOME. This turnkey investment features FOUR COMPLETELY RENOVATED HOMES, all generating immediate cash flow. ROOF LESS THAN FIVE YEARS OLD. HVAC 9 YEARS OLD. NEW KITCHEN CABINETS WITH GRANITE COUNTERTOPS and NEW FLOORING THROUGHOUT. NEW PAINT, TRIM AND PLUMBING IN KITCHEN AND BATHS. NEW SIDING ON HOUSE. TENANTS REQUIRED TO BRING OWN APPLIANCES, WHICH GREATLY REDUCES MAINTENANCE REQUESTS. Section 8 tenants provide dependable, consistent income with reduced vacancy risk. AVAILABLE AS A COMPLETE PORTFOLIO for maximum return OR SOLD SEPARATELY to accommodate various investment goals. Ideal for both seasoned investors looking to expand and newcomers seeking stable, hands-off income properties. Please DO NOT approach or disturb tenants regarding the property's sale. Direct all questions to the listing agent. RENTAL INCOME DETAILS AVAILABLE UPON REQUEST. NO SHOWINGS UNTIL UNDER CONTRACT AND IN DUE DILIGENCE PERIOD.
Location
State AL
County Jefferson
Interior
Heating Central
Cooling Central Air
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Family Room
Laundry Other
Exterior
Parking Features Parking Pad
Community Features None
Utilities Available Cable Available,Electricity Available,Sewer Connected,Water Available
View Y/N No
Roof Type Other
Building
Lot Description City Lot,Level
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Minor
Middle Schools Bush
High Schools Out Of Area
Others
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional
Special Listing Condition Resale