8033 5TH AVENUE S, Birmingham, AL 35206
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8033 5TH AVENUE S, Birmingham, AL 35206
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$ 85,000
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8033 5TH AVENUE S Birmingham, AL 35206

3 Beds

1 Bath

1,038 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,038 sqft

Price per Sqft $81

Subdivision East Lake South Highlands

MLS Listing ID 21459928

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1935

Lot Size 871 Sqft

Property Sub-Type Single Family

Property Description

An outstanding opportunity to acquire a single-family investment property in an established Birmingham rental market. As part of a 4-property investment portfolio, this turnkey home offers investors the potential for strong long-term returns through consistent rental demand and future appreciation. Conveniently located near major employment corridors, shopping, schools, and interstate access, the property is well-positioned to attract and retain quality tenants. PORTFOLIO OPPORTUNITY: Priced at an automatic discount for a quick sale! Acquire this home as the anchor asset in a high-yield 4-property portfolio package for $350,000. The other 3 properties are already fully occupied, carrying the entire portfolio with $3,390/mo in active gross rent. By placing a tenant in this vacant unit, a buyer can immediately boost total gross income to $4,190+/mo, capturing an elite 8.07% Pro Forma Cap Rate. See matching portfolio listings at MLS 21459929, 21459930, 21459932

Location

State AL

County Jefferson

Area Eastlake, Woodlawn

Interior

Interior Features None

Heating Central (HEAT)

Cooling Central (COOL)

Flooring Hardwood

Laundry Washer Hookup

Exterior

Exterior Feature Porch

Parking Features Driveway Parking, On Street Parking

Amenities Available Sidewalks

Building

Foundation Crawl Space

Sewer Connected

Water Public Water

Level or Stories 1-Story

Schools

Elementary Schools Robinson

Middle Schools Ossie Ware Mitchell

High Schools Woodlawn

Others

Financing Cash,Conventional


Listed by Keller Williams Realty Hoover
Lindsey Kenwright

Lindsey Kenwright

Agent

+1(205) 238-4840

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8033 5TH AVENUE S