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.
Property Features
Parking
On Street
Driveway
Cooling Information
Central Air
Heating Information
Central
Water Features
Public
Utilities
Sewer Connected
Basement
Crawl Space
School Information
School Information for 415 82nd N Street, BIRMINGHAM, AL 35206
Elementary School
CURRY
Middle School
OSSIE WARE MITCHELL
High School
WOODLAWN
Listing Courtesy: Keller Williams Realty Hoover - 205-822-2272
The data relating to real estate for sale on this site comes in part from the Broker Reciprocity/IDX program of the Birmingham Alabama Association of REALTORS®. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Birmingham Alabama Association of REALTORS® does not create, control or review the property data displayed herein and take no responsibility for the content of such records.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Greater Alabama MLS.