11
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$76,900
Est. payment /mo
2 BD
1 BA
726 SqFt
Pending
4905 HILLMAN DRIVE SW Birmingham, AL 35221
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UPDATED:
12/03/2024 04:21 PM
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Pending
Purchase Type For Sale
Square Footage 726 sqft
Price per Sqft $105
Subdivision Hillman Gardens
MLS Listing ID 21402026
Bedrooms 2
Full Baths 1
Year Built 1950
Lot Size 5,227 Sqft
Property Description
Investment Property with Immediate Cash Flow and 10%+ Cap Rate! This turnkey property comes with a reliable, long-term tenant on a 100% Section 8 lease, providing stable income from day one. The tenant has occupied the property since 2021, with a current monthly rent of $915. Section 8 pays 100% of rent. Highlights: - Fully renovated in 2021 with no repairs needed. - Extensive upgrades to meet all building codes: new roof, HVAC system and ductwork, upgraded electrical system (panel, breakers, wiring, and lighting), new plumbing, insulation, and drywall. - Exterior improvements include new siding, soffit, windows, privacy fence, and front entry porch. - Interior enhancements include new flooring, kitchen, laundry area, and bathroom. Additional Details: - Tenant-occupied – please do not disturb the tenant. - Showings and inspections available during the buyer’s due diligence period after the purchase contract is signed. - No seller financing available.
Location
State AL
County Jefferson
Area Ensley, Fairfield, Midfield, West End
Interior
Interior Features None
Heating Central (HEAT)
Cooling Central (COOL)
Flooring Hardwood Laminate
Laundry Washer Hookup
Exterior
Exterior Feature None
Parking Features Driveway Parking
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Level or Stories 1-Story
Schools
Elementary Schools Wenonah
Middle Schools Jones Valley
High Schools Wenonah
Others
Financing Cash,Conventional
Listed by Real Equity, Inc.
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