Available
$380,000(ARV: $400,000)95% of ARV

Jefferson County, Birmingham, AL 35214

17 bd7 ba5,700 sfBuilt 1935

11 days ago

Gross spread$20,000

Description

Section 8 Opportunity | 3/5 Units Occupied | Birmingham, AL 35214 420A 5th Way Birmingham, AL 35214 Asking Price: $380,000 • Current Rent: $3,110/mo • Potential Market Rent: $6,000/mo • Est. Monthly Cashflow: $2,500/mo • Est. Cash-on-Cash Return: 36% Current Unit Rents • Unit 1: $950/mo (Potential: $1,200/mo) • Unit 2: $950/mo (Potential: $1,200/mo) • Unit 3: $1,210/mo • Units 4 & 5: Vacant Property Details • 5-Unit Investment Property • 17 Bedrooms | 7 Bathrooms • 5,700 Sq. Ft. • Built in 1935 Photos Here:[contact details hidden] CONTACT Mera at [contact details hidden] !!! "Assignment of Purchase Agreement Available"

$/sqft vs market

This deal$67/sqft
Market median$93/sqft
Difference28% below

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

Bedrooms17
Bathrooms7
Square feet5,700
Lot size6,708 sf
Year built1935
ConditionLight Rehab
OccupancyTenant Occupied
ParkingGarage

Systems & condition

HeatingOther
Air conditioningNone
FoundationOther

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing49
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