UNDER CONTRACT (you can still submit back up offers and/or check out our other properties)
Great opportunity for investors! Single family fixer upper. Nice neighborhood for a rental! Want proof? Look at the neighbors homes and location on the map. Someone make this eye sore cashflow $750 a month.Investors take note that after $12,000 to $16,000 in repairs this SFH can perform at a 15% to 18% plus cash on cash return.(Dependent on your materials and labor). Call the contractor this home is worth it. Just a little Tender Love and Care to be rent ready. For rental properties its all about location ! Look at the neighbors homes. Nearby schools include New Hope Christian Elementary School, Arrington Middle School and West End Academy. Plenty of nearby grocery stores to choose from to include Super Oriental Market, Mrs Stratton's Salads and Piggly Wiggly. Also plenty of nearby restaurants to choose from. This includes Naji's Pita Gourmet Restaurant, Good Friend Chinese & Seafood and Moon Star Chinese Restaurant. 202. Home is near Lowery Park, McLendon Park and Birmingham-Southern College. Submit highest and best offer and call your contractor! Location, location, location! Home is located in the District of Birmingham City School/ District Block 41 in the Subdivision of Mason city. A great investor choice. Rental estimate is $750. Good opportunity for buy and hold investors looking for cash flow.
What's in it for you?
Average estimate $62,100 - (30% For profit or equity in holding) -Repairs $10 to $15 a Sq. Ft. ($11,200 to $16,800) = $26,670 to $32,270 profit on flip or equity on hold.
VIDEO TOUR
https://drive.google.com/file/d/1_tCJhMz6KK_TCOuf1qRYVsTkCJQCYnYs/view?usp=sharing
VIRTUAL TOUR
https://mls.kuu.la/share/collection/7PFdx?fs=1&vr=1&sd=1&initload=0&thumbs=1
ADDITIONAL PHOTOS AND VIDEOS
https://bit.ly/31VH395
Property Records/ Appendix A
Status: Vacant
Market Rents: $750
Estimated repairs $10 to $15 a sq ft ($11,200 to $16,800)
Total Rooms: 5
Bedrooms: 3
Total Bathrooms: 1
Full Bathrooms: 1
Air Conditioning Type: None
Heating Type: None
Heating Fuel Type: Gas
Interior Wall Type: Gypsum Board (Drywall, Sheetrock, etc.)
Building Condition: Fair
Exterior Wall Type: Composition
Roof Type: GABLE OR HIP
Roof Cover Type: Shingle (Not Wood)
Sewer Type: Septic
Water Source: Municipal
Number of Stories: 1
Building Area: 1,120 SqFt.
Living Area: 1,120 SqFt.
Gross Area: 1,220 SqFt.
APN: 29-00-16-4-022-006.000
Old/Alternate APN: 2900164022006000
Property Class: RESIDENTIAL
Property Type: Single Family Residential
Zoning: R3
County Land Use Code: 111
Census Tract: 13002
Lot Width: 500
Lot Depth: 1,350
Lot Size: 0.155 acres
Lot Area: 6,750 SqFt.
School District: Birmingham City School District
Block: 41
Lot Number: 9
District: 35-0000
Municipality: BIRMINGHAM
Subdivision Name: MASON CITY
Meridian: SEC 16 TWN 18S RNG 03W
Legal Description: LOT 9 BLK 41 MASON CITY 6/8
Property Tax: $422
Tax Juridiction Code: 35
FEMA Zone X (est.)
Flood Factor flood 1/10 - This property has a minimal Flood Factor
Sold
$13,000
2021 15th Way SW, Birmingham, AL 35211
3beds
1,150sqft
SingleFamily
Built in 1950
6,534 Square Feet Lot
$-- Zestimate®
$11/sqft
$1,228 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 1
- Full bathrooms: 1
Heating
- None
Cooling
- None
Features
- Flooring: Carpet, Linoleum / Vinyl
Interior area
- Total interior livable area: 1,150 sqft
Property
Features
- Exterior features: Composition
Lot
- Size: 6,534 sqft
Details
- Parcel number: 2900164022006000
Construction
Type & style
- Home type: SingleFamily
Materials
- Foundation: Wood
- Roof: Asphalt
Condition
- Year built: 1950
Community & neighborhood
Location
- Region: Birmingham