$195,900
FOR SALE2124 3rd Street
Centerpoint, Al, 35215
MLS #174713
Subdivision: Sun Valley
Building: -
3 Beds
2/- Baths
1817 sqft
$ 107.82 /sqft
Investor alert! With $1,450/mo rent already in place through Jan. 2027, this 3/2 Center Point brick home delivers an estimated 6.4% cap rate and a gross rent multiplier of 11.26x on a fully renovated asset in the Birmingham metro area. At $108/sqft, you're acquiring cash-flowing real estate well below replacement cost.No deferred maintenance. No repositioning needed. The property was fully renovated in 2023 with new roof, HVAC, plumbing, electrical, & interior finishes throughout. On a 0.4-acre fenced lot with a detached 2-car garage, this is a long-term hold with minimal near-term capex exposure. Day 1 cash flow, no vacancy costs or turnover risk. Whether you're building a portfolio or adding a stabilized sfr to your existing holdings, this is a clean, numbers-driven acquisition.
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Listing Courtesy of: HAMNER REAL ESTATE
