Available
$195,000(ARV: $195,001)100% of ARV

Jefferson County, Birmingham, AL 35228

3 bd2 ba1,000 sfBuilt 1961

14 days ago

Gross spread$1

Description

Addresses Included in Portfolio: 1004 Pineview Road, Birmingham, AL 35228 5401 Court J, Birmingham, AL 35208 7012 66th Street S, Birmingham, AL 35212 Property Pro Forma: Portfolio Price: 195,000 Current Monthly Rent: 2,700 Current Annual Gross Rent: 32,400 Additional Info: Birmingham 3-Home Rental Portfolio Property 1: 1004 Pineview Road, Birmingham, AL 35228: 3 bedrooms, 2 bathrooms, approximately 1,000 sqft Tenant occupied Current rent: 925 per month Estimated ARV: 130,000 Comparable Sales: 1101 Susan Ln, Birmingham, AL 35228 (3 Beds, 2 baths, 1,025 sqft SOLD FOR 165k) 6636 Avenue N, Birmingham, AL 35228 (3 Beds, 2 baths, 1,134 sqft SOLD FOR 165k) 6633 Avenue N, Birmingham, AL 35228 (3 Beds, 2 baths, 1,107 sqft SOLD FOR 100k) 1417 Brighton Rd, Birmingham, AL 35228 (3 Beds, 2.5 baths, 1,048 sqft SOLD FOR 110k) Property 2: 5401 Court J, Birmingham, AL 35208: 3 bedrooms, 1 bathroom, approximately 1,429 sqft Tenant occupied Current rent: 875 per month Estimated ARV: 130,000 Comparable Sale: 1017 Vinesville Rd, Birmingham, AL 35208 (3 Beds, 1.5 baths, 1,146 sqft SOLD FOR 155k) Property 3: 7012 66th Street S, Birmingham, AL 35212: 3 bedrooms, 1 bathroom, approximately 1,000 sqft Tenant occupied Current rent: 900 per month Estimated ARV: 118,000 Recent Improvements: New roof completed in 2024 New LVP flooring installed in 2024 New porch and framing completed in 2024 Comparable Sales: 6613 Frankfort Ave, Birmingham, AL 35212 (3 Beds, 1 bath, 994 sqft SOLD FOR 120k) 6615 4th Ave S, Birmingham, AL 35212 (3 Beds, 1 bath, 1,074 sqft SOLD FOR 140k) 6600 4th Ave S, Birmingham, AL 35212 (3 Beds, 1 bath, 950 sqft SOLD FOR 95k) To See All Our Other Properties, Click Here Call or Text the Dispositions Team at [contact details hidden]!

$/sqft vs market

This deal$195/sqft
Market median$93/sqft
Difference+110% above

Median of 8 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,000
Lot size9,017 sf
Year built1961
ConditionLight Rehab
OccupancyTenant Occupied
ParkingUnassigned

Systems & condition

HeatingOther
Air conditioningNone
FoundationOther

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file2
Views on the source listing36
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