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IXL Real Estate Birmingham

205homesearch@gmail.com +1(205) 530-1123

$40,000

Est. payment - /mo

2 Beds

1 Bath

1,035 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Pending

Purchase Type For Sale

Square Footage 1,035 sqft

Price per Sqft $38

Subdivision Central Park

MLS Listing ID 21453103

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1940

Lot Size 6,534 Sqft

Property Sub-Type Single Family

Property Description

This income-producing investment opportunity was previously rented through Section 8 at $1,000/month, with a $993 housing authority subsidy, offering strong cash flow potential at a $40,000 price point. This 2-bedroom, 1-bath home offers 1,035 square feet, a screened front porch, detached 1-car garage, private alley access, and off-street parking. The property will need repairs and updates before Section 8 re-approval, creating a strong value-add opportunity for investors looking to improve returns and long-term performance. Detached garage adds additional tenant appeal with storage, parking, or workshop flexibility. Conveniently located near major roads, shopping, schools, and everyday essentials in an established rental area. Whether expanding your portfolio or looking for your next project, this property offers proven rental history and strong upside.

Location

State AL

County Jefferson

Area Ensley, Fairfield, Midfield, West End

Rooms

Kitchen Eating Area

Interior

Interior Features None

Heating Central (HEAT), Electric (HEAT)

Cooling Central (COOL), Electric (COOL)

Flooring Carpet

Fireplaces Number 1

Fireplaces Type Woodburning

Laundry Washer Hookup

Exterior

Exterior Feature Fenced Yard, Porch Screened

Parking Features Detached, Parking (MLVL), On Street Parking

Garage Spaces 1.0

Amenities Available Sidewalks, Street Lights

Building

Lot Description Subdivision

Foundation Crawl Space

Sewer Connected

Water Public Water

Level or Stories 1-Story

Schools

Elementary Schools Central Park

Middle Schools Green Acres

High Schools Jackson-Olin

Others

Financing Cash

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Listed by Today's Home

Nearby Locations

IXL Real Estate Birmingham

+1(205) 530-1123

5541 COURT P Birmingham, AL 35208

IXL Real Estate Birmingham

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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