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Town Square REALTY
Birmingham, AL
205-945-HOME (4663)

Atlanta, GA
470-401-HOME (4663)

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Listing 9 out of 500
$65,000 For Sale

7925 4th Ave N
Birmingham, AL 35206

4 beds, 2 baths | Single Family Home
1,656 sq ft; lot: 44 sq ft - MLS# 843489
Property Photo
1/12

Description

20% CAP Rate 60% LTV After Rehab INVESTOR SPECIAL, ARV $845,000 on 13 house portfolio! Part of a 13 house portfolio for sale for $510,000, but each house available for individual purchase. When rehabbed, estimated rehab on all properties is $60,000, their combined ARV is $845,000. Should net an average of $675 per property per month after taxes & insurances are deducted. Currently bringing in documented cash flow of $42,500 per year on 5 properties, with an upside of 8 additional properties. Total rental expectation for all is $105,300. We have investor financing, no income, must have 600+ credit score or for no credit check and score then 45% down owner financing for 12 months. CASH price available for Investor buying all 13. Rented for $700 per month. Tenant occupied.

Features

  • Property Type: Single Family Home
  • Sub Type: Single Family
  • Listing Status: Active
  • County/Area: Jefferson County
  • Zip Code: 35206
  • Year Built: 1935
  • Subdivision/Neighborhood: East Lake
  • Elementary School: Robinson
  • Middle School: Ossie Ware Mitchell
  • High School: Woodlawn
  • Sq.Ft.: 1,656 sq ft
  • Stories: 1-Story
  • Bedrooms: 4
  • Full Baths: 2
  • Fireplace: Brick (FIREPL), Den (FIREPL), Woodburning, 1
  • Lot Size: 44 sq ft
  • Baths: 2
  • Area: Eastlake, Woodlawn
  • Attic: Pull-Down
  • Attic (Y/N): Yes
  • Bed/Bath Features: Tub/Shower Combo
  • Construction: Siding-Other
  • Cooling: Central (Cool)
  • Driving Directions: Head Southwest On I-59 S Take Exit 132 To Merge Onto Us-11 S/1st Ave N Turn Right Onto 80th St N Turn Left Onto 4th Ave N Destination Will Be On Your Left
  • Exterior Features: Porch
  • Floors: Carpet, Hardwood
  • Foundation: Pillars/Support
  • Heating: Central (Heat)
  • Hvac Total Area: 1656
  • Kitchen Countertops: Laminate
  • Kitchen Equipment: Refrigerator
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (Mlvl)
  • Main Level Sqft: 1656
  • Parking Features: Driveway Parking, Parking (Mlvl), Off Street Parking
  • Room 1: Den/Family
  • Room 1 Lvl: 1
  • Room 2: Bedroom
  • Room 2 Lvl: 1
  • Room 3: Bedroom
  • Room 3 Lvl: 1
  • Room 4: Full Bath
  • Room 4 Lvl: 1
  • Room 5: Kitchen
  • Room 5 Lvl: 1
  • Room 6: Bedroom
  • Room 6 Lvl: 1
  • Room 7: Bedroom
  • Room 7 Lvl: 1
  • Room 8: Full Bath
  • Room 8 Lvl: 1
  • Rooms: Bedroom (Room), Den/Family (Room), Full Bath (Room), Kitchen (Room)
  • Rooms Level 1: Bedroom (Lvl 1), Den/Family (Lvl 1), Full Bath (Lvl 1), Kitchen (Lvl 1)
  • Sewer/Septic: Connected
  • Sqft Source: Per Tax Report
  • Water: Public Water
  • Water Heater: Electric (Wtrhtr)
  • Year Built Desc: Existing
Courtesy of Re/Max Realty Brokers



Town Square REALTY| 205-945-4663 | Contact 
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