$150,000

FOR SALE

1527 5th Avenue W, Birmingham AL 35208

Birmingham, Al, 35208

MLS #10633071

Subdivision: Heflin Collins

Building: -

4 Beds

2/- Baths

1470 sqft

$ 102.04 /sqft

Property Details

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.

Property Features

-

Property Type
Single Family
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
None
Restrictions
-
Furnished
-
Flooring
Laminate
No. of Floor
-
Terms Considered
1031 Exchange, Cash, Conventional
Year Built
1940
Cooling
Central Air
Pets Allowed
-
Amenities
-
Interior
Master On Main Level, Separate Shower
Maintenance Fee Includes
None
Governing Bodies
-
Construction
Vinyl Siding
Security
-
Heating
Central
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
-
Parking
Parking Pad
Application Fee
-
Water Access
Public
Pool
No
Gated Community
-
Status
A
Listing Office
-

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