Cash COW with 23 Potential NET ROI This little 2/1 was previously rented at $550, but could easily rent for $600 Vinyl siding, new roof, screened in front porch all less than 2 years old! Has central heat/air. EXTRA large living room w/nice hardwoods! Located in Old Pratt near Historic District on nice quiet street! This home needs VERY minimal repairs Textured ceiling needs to be redone...was applied with NO primer! AC repair, Flooring in bath also, needs redoing. Tile was laid w/o, (or with improperly installed) backerboard/thinset. Tax Value: $34,700 Zestimate: $33,755 Market Rents: $600650 Rehab Est: $3K5K Even at a Rental Rate of $550; you'll get a NET RETURN of over 23 This is assuming overhead costs of 35%. Start earning your Mailbox Money TODAY
Off market
$48,900
304 5th Way, Birmingham, AL 35214
2beds
1baths
772sqft
SingleFamily
Built in 1920
6,925 Square Feet Lot
$-- Zestimate®
$63/sqft
$888 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Forced air
Cooling
- Central
Appliances
- Included: Dryer, Washer
Features
- Flooring: Hardwood
Interior area
- Total interior livable area: 772 sqft
Property
Parking
- Parking features: Off-street
Features
- Exterior features: Other
Lot
- Size: 6,925 sqft
Details
- Parcel number: 2200304012009000
Construction
Type & style
- Home type: SingleFamily
Materials
- Metal
- Foundation: Wood
- Roof: Asphalt
Condition
- Year built: 1920
Community & neighborhood
Location
- Region: Birmingham