415 82ND STREET N, Birmingham, AL 35206
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415 82ND STREET N, Birmingham, AL 35206
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Lindsey Kenwright

Lindsey Kenwright

+1(205) 238-4840
$ 85,000
Est. payment /mo
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415 82ND STREET N Birmingham, AL 35206

3 Beds

1 Bath

1,257 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,257 sqft

Price per Sqft $67

Subdivision East Lake

MLS Listing ID 21459929

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1938

Lot Size 9,583 Sqft

Property Sub-Type Single Family

Property Description

An excellent opportunity to acquire a tenant-occupied, income-producing single-family residence as part of a 4 home investment portfolio. This property offers immediate cash flow with an established tenant already in place, making it an attractive addition for investors seeking stable rental income and long-term appreciation. This home is ideal for investors looking for a turnkey. Situated in the established Birmingham neighborhood of East Lake with convenient access to schools, shopping, employment centers, and major transportation routes, in walking distance to the park, the home is well-positioned to benefit from continued rental demand. Investor Alert: The 4 home portfolio currently brings in $3,390/mo from just 3 occupied homes. Once the 4th vacant property is leased, the projected portfolio income jumps to $4,190+/mo, unlocking a massive 14.37% Pro Forma Gross Yield and an 8.07% Cap Rate. See matching portfolio listings at MLS 21459932, 21459928, 21459929, 21459930.

Location

State AL

County Jefferson

Area Eastlake, Woodlawn

Interior

Interior Features None

Heating Central (HEAT)

Cooling Central (COOL)

Flooring Carpet, Hardwood, Tile Floor

Laundry Washer Hookup

Exterior

Exterior Feature Storage Building, Porch

Parking Features Driveway Parking, On Street Parking

Amenities Available Park

Building

Foundation Crawl Space

Sewer Connected

Water Public Water

Level or Stories 1-Story

Schools

Elementary Schools Curry

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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415 82ND STREET N