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.
35 days
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174
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14
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Zillow last checked:
Listing updated:
Listed by:
Audra MarshallCELL:2057061984,
Keller Williams Realty Hoover
Source: GALMLS,MLS#: 21459929
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 1
Full bathrooms: 1
Rooms
Room types: Bedroom, Kitchen
Bedroom 1
Level: First
Bedroom 2
Level: First
Bedroom 3
Level: First
Kitchen
Level: First
Living room
Level: First
Basement
Area: 0
Heating
Central
Cooling
Central Air
Appliances
Included: None, Electric Water Heater
Laundry: Electric Dryer Hookup, Washer Hookup, Main Level, Laundry Closet, Yes