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Archived about 2 months ago

$364,999

4 bd 3 ba 3700 sqft

3531 Doberman Ln, Birmingham , AL 35210

Residential SFR Occupied Needs Repairs Off MLS

Current Rent **

N/A

Projected Rent **

$3,400

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

Alex Castro

Birmingham AL | 8 Acres + 2 Structures | ARV ~$700K | Multiple Exit Strategies

πŸ”₯ INVESTOR ALERT – 8 ACRES + MAIN HOUSE + MOBILE HOME – HUGE UPSIDE πŸ”₯

πŸ“ 3531 Doberman Ln, Birmingham, AL

Strong value-add opportunity featuring two structures on 8 acres of usable land. Ideal for fix & flip, buy-and-hold, or redevelopment.

βΈ»

πŸ’° Deal Snapshot
β€’ Asking Price: $370,000
β€’ Estimated ARV: $675,000 – $700,000
β€’ Estimated Repairs: ~$100,000
β€’ Equity Potential: $200K+ spread

βΈ»

🏑 Property Details

Main House
β€’ 4 Bedrooms
β€’ 3 Bathrooms
β€’ ~3,700 Sq Ft
β€’ Full rehab needed

Mobile Home
β€’ 3 Bedrooms
β€’ 2 Bathrooms
β€’ ~1,280 Sq Ft

Land
β€’ 8 Acres
β€’ Flat, usable land
β€’ Opportunity for additional rental units, redevelopment, or private estate

βΈ»

πŸ’‘ Investment Highlights

βœ” Two structures = multiple income streams
βœ” Large acreage rare for the Birmingham area
βœ” Opportunity to flip the main house + rent mobile home
βœ” Possible long-term hold with strong land value

βΈ»

πŸ“© Photos, comps, and walkthrough available upon request.
Serious investors DM for full details.

Location:

3531 Doberman Ln, Birmingham , AL 35210

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.