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Key Details
Sold Price $113,500
Property Type Single Family Home
Sub Type Single Family
Listing Status Sold
Purchase Type For Sale
Square Footage 951 sqft
Price per Sqft $119
Subdivision Eastwood Park
MLS Listing ID 21381267
Sold Date 05/31/24
Bedrooms 3
Full Baths 1
Year Built 1946
Lot Size 7,405 Sqft
Property Description
Nestled in the heart of South East Lake, this charming bungalow has been tastefully remodeled just minutes away from downtown. Property is being used as a short term rental and it is a cash cow. Gross revenue from 5/1/2023 - 5/1/2024 is $27,410.55 (Airbnb is $12,806.72 and VRBO is $14,603.83). Monthly gross avg is $2,284.21 for this period. Full financials will be provided if you would like to keep it as a short term rental. Property was renovated in 2023 and currently fully stabilized with zero maintenance. Perfect for an investor seeking an STR with strong cash flow.
Location
State AL
County Jefferson
Area Eastlake, Woodlawn
Interior
Interior Features None
Heating Central (HEAT)
Cooling Central (COOL)
Flooring Hardwood
Fireplaces Number 1
Fireplaces Type Gas (FIREPL)
Laundry Washer Hookup
Exterior
Exterior Feature Fenced Yard
Garage On Street Parking
Building
Foundation Crawl Space
Sewer Connected
Water Public Water
Level or Stories 1-Story
Schools
Elementary Schools Robinson
Middle Schools Ossie Ware Mitchell
High Schools Woodlawn
Others
Financing Cash,Conventional,FHA,VA
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Bought with Birmingham Non-Member Office