Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $70,000-$80,000
• Estimated Rehab: $20,000-$30,000
• Comparable Rent: $800-$900
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 1532 52nd St, Birmingham, AL 35208 - 2/1 922 sqft SOLD $85,000 on 11/11/2022 (1940 build, nice updates, and .08 acre lot)
• Comp 2: 2117 48th Pl, Birmingham, AL 35208 - 2/1 1,089 sqft SOLD $123,000 on 05/03/2023 (1947 build, nicely remodeled, and .17 acre lot)
• Comp 3: 5505 Avenue O, Birmingham, AL 35208 - 2/1 831 sqft SOLD $40,500 on 08/16/2023 now listed for rent $975/mo (1940 build, very outdated/needs work, basic rental condition, and .14 acre lot)
• Rehab Description: For a rental this needs cosmetic updates and cleanup. Do basic rehab updates to the kitchen, bathroom, fixtures, and appliances. Roof is in fair shape. Some ceiling drywall repair is needed. Water heater appears to be newer. Deep clean, paint the interior, and do some landscaping to boost the curb appeal!
• Features: Great Rental Opportunity in 35208!!! This two bedroom, one bathroom home features 800 living sqft, has a detached garage, and sits on a .14 acre lot. This is located close to central park and is being offered vacant and ready to be worked on and turned around for a solid cash flowing rental! Also the adjacent lot is included in the sale!
• Important Details: --> Vacant! --> Sale Includes Adjacent .14 Acre Lot (5216 Avenue Q, Birmingham, AL 35208) --> Optionally can be offered as a package with 1627 49th St & 409 Carver Ave
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab