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Rhonda Gailey

rhonda@gaileyenterprises.com +1(352) 897-2018

$ 150,000

Est. payment -/mo

Save

Active

1527 5th AVE W Birmingham, AL 35208

4 Beds

2 Baths

1,470 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,470 sqft

Price per Sqft $102

Subdivision Heflin Collins

MLS Listing ID 10633071

Style Ranch

Bedrooms 4

Full Baths 2

HOA Y/N No

Year Built 1940

Annual Tax Amount $1,441

Tax Year 24

Lot Size 6,534 Sqft

Acres 0.15

Lot Dimensions 6534

Property Sub-Type Single Family Residence

Source Georgia MLS 2

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

Rooms

Bedroom Description No

Basement Partial, Unfinished

Interior

Interior Features Master On Main Level, Separate Shower

Heating Central

Cooling Central Air

Flooring Laminate

Fireplaces Number 1

Fireplaces Type Family Room

Fireplace Yes

Appliance None

Laundry Other

Exterior

Parking Features Parking Pad

Community Features None

Utilities Available Cable Available, Electricity Available, Sewer Connected, Water Available

View Y/N No

Roof Type Other

Garage No

Private Pool No

Building

Lot Description City Lot, Level

Faces GPS is accurate.

Foundation Block

Sewer Public Sewer

Water Public

Architectural Style Ranch

Structure Type Vinyl Siding

New Construction No

Schools

Elementary Schools Minor

Middle Schools Bush

High Schools Out Of Area

Others

HOA Fee Include None

Tax ID 2200333019008.000

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Resale

SCHOOLSPROPERTIES

Elementary Schools 20

4

Donald Elementary School

Public | KG - 6
4

Minor Elementary School

Public | KG - 5
3

South Hampton K - 8 School

Public | PK - 8
2

Charles A. Brown Elementary School

Public | KG - 5
2

Bush Middle School-Magnet

Public | KG - 8
2

Richard Arrington Jr. Elementary School

Public | KG - 5
2

West End Academy

Public | KG - 5
2

Hemphill Elementary School

Public | PK - 5
2

Tuggle Elementary School

Public | KG - 5
1

Central Park Elementary School

Public | PK - 5
1

Booker T. Washington K - 8 School

Public | KG - 8
1

Lewis Elementary School

Public | PK - 5
0

Councill Elementary School

Public | PK - 6
0

Central Park Christian Schools

Private | KG - 12
0

N H Price Elementary School

Public | KG - 5
0

Powderly Elementary School

Public | KG - 5
0

Richard Arrington Jr. Elementary School

Public | KG - 5
0

Robert E Lee Elementary School

Public | KG - 5
0

Metropolitian School of Talent and the Arts

Private | KG - 5
0

Princeton Alternative School

Public | KG - 5

Middle Schools 9

2

Malachi Wilkerson Middle School

Public | 6 - 8
1

Green Acres Middle School

Public | 6 - 8
1

Jones Valley Middle School

Public | 6 - 8
1

Bush Hills STEAM Academy

Public | 6 - 8
0

Ensley Middle Alternative Center

Public | 6 - 8
0

Olin Vocational School

Public | 7 - 12
0

Holy Family Catholic Academy

Private | 6 - 8
0

Glenn Middle School

Public | 6 - 8
0

Center Street Middle School

Public | 7 - 9

High Schools 7

1

P. D. Jackson - Olin High School

Public | 9 - 12
1

A. H. Parker High School

Public | 9 - 12
0

Ensley High Alternative Center

Public | 9 - 12
0

Holy Family Cristo Rey Catholic High School

Private | 9 - 12
0

West End High School

Public | 9 - 12
0

The American Academy for Young Professionals

Private | 10 - 11
0

Family Court High School

Public | 9 - 12

School and business data provided by Attom Data.

Rhonda Gailey

Broker I Owner I T.V. Personality

+1(352) 897-2018 | rhonda@gaileyenterprises.com

Rhonda Gailey

1527 5th AVE W Birmingham, AL 35208

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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1527 5th AVE W