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1527 5th Avenue W, Birmingham, AL 35208

$142,500
  • 1527 5th Avenue W, Birmingham, AL 35208 Main Photo

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Active
BEDS4 BATHS2 full SQUARE FEET1,470 MLS#10633071
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONHEFLIN COLLINS NEIGHBORHOODBirmingham

Property Description

This property CASH FLOWS FROM DAY 1 without months of carry costs while getting set up with Section 8. Rare opportunity to acquire 3 fully-leased residential properties with GUARANTEED SECTION 8 RENTAL INCOME. This turnkey investment features THREE 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.

1527 5th Avenue W | MLS# 10633071

This single family home located at 1527 5th Avenue W, Birmingham, AL 35208 is currently listed for sale with an asking price of $142,500. This property was built in 1940 and has 4 bedrooms and 2 full baths with 1470 sq. ft. 5th Avenue W is located in the HEFLIN COLLINS subdivision. Search HEFLIN COLLINS real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Partial, Unfinished
Basement: Yes
Cooling: Central Air
Fireplaces: 1
Heating: Central
Home Style: Ranch
Lot Size: 0.15 Acres
Stories: 1.0
Taxes: $1,441
Year Built: 1940

Feature Descriptions

Days on Site: 173
Exterior: Vinyl Siding
Fireplace Type: Family Room
Flooring: Laminate
Foundation: Block
Interior: Master On Main Level, Separate Shower
Parking Notes: Parking Pad
Sewer: Public Sewer
Topography: City Lot, Level
Utilities: Cable Available, Electricity Available, Sewer Connected, Water Available
Water: Public

Local Schools

High School: Other
Middle School: Bush
Elementary School: Minor

Listed By / Shown By

Listed By

Agency Name: SD - Sharon Dover & Associates
Agency Phone: 770-495-3500

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: GAMLS

Estimate Your Payment

Estimated Payment

$ 478.79 per month $317.14 Principal & Interest $120.08 Property Tax $41.56 Homeowner's Insurance

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