1527 5th AVE W new 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 Active
Purchase Type For Sale
Square Footage 1,302 sqft
Price per Sqft $115
Subdivision Heflin Collins
MLS Listing ID 7669780
Style Ranch
Bedrooms 4
Full Baths 2
Construction Status Updated/Remodeled
HOA Y/N No
Year Built 1940
Annual Tax Amount $1,433
Tax Year 2024
Lot Size 6,499 Sqft
Acres 0.1492
Property Sub-Type Single Family Residence
Source First Multiple Listing Service
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
Area Heflin Collins
Lake Name None
Rooms
Bedroom Description Master on Main
Other Rooms None
Basement Partial,Unfinished
Main Level Bedrooms 4
Dining Room Other
Kitchen Other
Interior
Interior Features Other
Heating Central
Cooling Ceiling Fan(s),Central Air
Flooring Laminate
Fireplaces Number 1
Fireplaces Type Brick,Family Room
Equipment None
Window Features None
Appliance Other
Laundry Main Level,Other
Exterior
Exterior Feature None
Parking Features Parking Pad
Fence None
Pool None
Community Features None
Utilities Available Cable Available,Electricity Available,Sewer Available,Water Available
Waterfront Description None
View Y/N Yes
View City,Neighborhood
Roof Type Composition
Street Surface Paved
Accessibility None
Handicap Access None
Porch None
Total Parking Spaces 2
Private Pool false
Building
Lot Description Back Yard,Level
Story One
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Structure Type Vinyl Siding
Construction Status Updated/Remodeled
Schools
Elementary Schools Minor - Al
Middle Schools Jefferson - Other
High Schools Jackson-Olin
Others
Senior Community no
Restrictions false
Tax ID 2200333019008000
Acceptable Financing 1031 Exchange,Cash,Conventional
Listing Terms 1031 Exchange,Cash,Conventional