1159 16th Ave W, Birmingham, AL 35204
1159 16th Ave W, Birmingham, AL 35204
1159 16th Ave W, Birmingham, AL 35204
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$109,000
Est. payment /mo
4 Beds
1 Bath
1,112 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,112 sqft

Price per Sqft $98

Bedrooms 4

Year Built 1959

Lot Size 8,850 Sqft

Property Description

Occupancy: Unspecified
Lease Start: 10/30/2021
Lease End: 09/30/2022
Lot Size: 8,850
HOA: None
Flood Risk: Not Required

• 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

Location

State AL

County Jefferson


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Listed by Kelli Meade

NEARBY SCHOOL & BUSINESS

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Andy Holmstrom

Andy Holmstrom

+1(360) 421-9542

Agent License ID: 80279

Agent License ID: 80279

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