$130,000

Estimated payment $812/month

Total Views 113
3 Beds
1 Bath
1,198 Sq Ft
$109 Price per Sq Ft

About This Home

Rare opportunity to acquire 4 fully-leased residential properties with GUARANTEED SECTION 8 RENTAL INCOME. This turnkey investment features FOUR COMPLETELY RENOVATED HOMES, all generating immediate cash flow. ROOF and HVAC LESS THAN FIVE YEARS OLD. NEW PAINT and LIGHT FIXTURES. TENANTS REQUIRED TO BRING OWN APPLIANCES, WHICH GREATLY REDUCES MAINTENANCE REQUESTS. Section 8 tenants provide dependable, consistent income with reduced vacancy risk. AVAILABLE AS A COMPLETE PORTFOLIO for maximum return OR SOLD SEPARATELY to accommodate various investment goals. Ideal for both seasoned investors looking to expand and newcomers seeking stable, hands-off income properties. Please DO NOT approach or disturb tenants regarding the property’s sale. Direct all questions to the listing agent. RENTAL INCOME DETAILS AVAILABLE UPON REQUEST. NO SHOWINGS UNTIL UNDER CONTRACT AND IN DUE DILIGENCE PERIOD.

Listing Agent

Rick Waggoner

Smart Decision and Associates Listed on: 10/28/2025

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Home Design

  • 1,198 Sq Ft Home

Laundry

  • Laundry on main level
  • Washer and Electric Dryer Hookup

Utilities

  • Electric Water Heater

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Down Payment Assistance: Yes
  • Property Type: Residential
  • Flood Plain: N
  • Year Built: 1920
  • Property Sub Type: Single Family Residence
  • Co List Office Mls Id: OFF2630
  • Directions: GPS is accurate.
  • Above Grade Finished Sq Ft: 1198.0
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Interior Amenities: None
  • Room 1: Master Bedroom
  • Room 2: Bedroom
  • Room 3: Bedroom
  • Room 4: Full Bath
  • Room 5: Kitchen
  • Kitchen Equipment: None
  • Laundry Dryer Hookup: Dryer-Electric
  • Laundry Features: Washer Hookup
  • Laundry Location: Laundry (MLVL)
  • Laundry Space: Other
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Unfinished Basement Sq Ft: 0
  • Main Level Sq Ft: 1198
  • Upper Level Sq Ft: 0

Exterior Features

  • Exterior Features: Storage
  • Water Heater: Electric (WTRHTR)
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Property Condition: Existing

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Heating: Central
  • Cooling: Central Air
  • Water: Public Water
  • HVAC Area: 1198
  • Sewer: Connected

Condo/Co-op/Association

  • Association Fee Yn: N

Fee Information

  • Fire Fee Amount: 12345
  • Fire Fee Per: Y
  • Garbage Fee Amount: 12345
  • Garbage Fee Per: M
  • Library Fee Amount: 12345
  • Library Fee Per: Yearly
  • Fire Fee: Y
  • Garbage Fee: Y
  • Library Fee: Yes

Schools

  • High School: PARKER
  • Elementary School: GLEN IRIS
  • Middle Or Junior School: WASHINGTON

Lot Info

  • Lot View: No

Tax Info

  • Tax District: BIRMINGHAM

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $13,160 -- --
2022 $0 $5,390 $540 $4,850
2021 $0 $4,540 $450 $4,090
2020 $0 $4,540 $450 $4,090
2019 $0 $4,540 $0 $0
2018 $0 $3,780 $0 $0
2017 $0 $3,880 $0 $0
2016 $0 $3,780 $0 $0
2015 $202 $3,760 $0 $0
2014 $192 $2,980 $0 $0
2013 $192 $3,000 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2025 10/28/25 For Sale $130,000 +91.2% $109 / Sq Ft
07/19/2024 07/19/24 Sold $68,000 -19.0% $54 / Sq Ft View Prior Sale
04/26/2024 04/26/24 For Sale $83,900 0.0% $67 / Sq Ft
03/27/2024 03/27/24 Pending -- -- --
03/25/2024 03/25/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $83,900 -- $67 / Sq Ft
Source: Greater Alabama MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- --
Source: Public Records

Source: Greater Alabama MLS

MLS Number: 21435280

Greater Alabama MLS

APN: 29-00-02-3-027-013.000