Birmingham, AL 35208,1527 5TH AVENUE W
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$150,000
Est. payment /mo
3 Beds
1 Bath
1,302 SqFt
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Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,302 sqft

Price per Sqft $115

Subdivision Heflin Collins

MLS Listing ID 21435285

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1940

Lot Size 6,534 Sqft

Property Sub-Type Single Family

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. NO SHOWINGS UNTIL UNDER CONTRACT AND IN DUE DILIGENCE.

Location

State AL

County Jefferson

Area Downtown Birmingham, Southside

Interior

Interior Features None

Heating Central (HEAT)

Cooling Central (COOL)

Flooring Hardwood Laminate

Fireplaces Number 1

Fireplaces Type Woodburning

Laundry Washer Hookup

Exterior

Exterior Feature None

Parking Features On Street Parking

Building

Foundation Basement

Sewer Connected

Water Public Water

Level or Stories 1-Story

Schools

Elementary Schools Minor

Middle Schools Bush Hills Academy

High Schools Jackson-Olin

Others

Financing Cash,Conventional


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Listed by Smart Decision and Associates

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Karl Heckman

Karl Heckman

+1(205) 492-5669

Agent | License ID: 404705553965768

Agent License ID: 404705553965768

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