Basics
- Date added: Added 3 years ago
- Category: For sale
- Type: Single Family Home
- Status: Rented @ $1020 per month on Section 8
- Bedrooms: 4
- Bathrooms: 1
- Area: 1112 sq ft
- Lot size: 8580 sq ft
- Year built: 1959
Description
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Description:
Email us @ [email protected] or call at 205-464-9376.
4 bedrooms and 1 bath @ $109,000.
1159 16th Ave W, Birmingham, AL 35204 is a single family home that contains 1,112 sq ft and was built in 1959.
• Complete turnkey investment property producing guaranteed rent on the Section 8 program 10% rental increase built into the contract going into the second year
• Located just minutest from the prestigious Birmingham Southern College, interstate and shopping in a thriving and appreciating area
• The comps show $109k is already priced at a discount and yields a strong cap rate
• Now for the special offer; we are a licensed management company with BBB A+ rating and stand behind our work. So much so we are offering maintenance and management fee free for one year increasing cap rate to 9.5%! That’s right, you retain 100% of the rent and we will pay for any maintenance requests (labor and materials).
• Painting scheduled to match this color, currently red.
Comps for 1159 16th Ave W, Birmingham, AL 35204:
Comp #1: 2738 17th Street Ensley, Birmingham, AL 35208, 1,112 x $132 = $146,784Comp #2: 864 McCary St SW, Birmingham, AL 35211, 1,112 x $95 = $105,640Comp #3: 140 Persimmon St, Birmingham, AL 35214, 1,112 x $107 = $118,984Show all description
Location
Ask an Agent About This Home
This Single Family Home style property is located in Birmingham is currently For sale and has been listed on . This property is listed at $109,000. It has 4 beds bedrooms, 1 bath bathrooms, and is 1112 sq ft. The property was built in 1959 year.