$45,000
1825 18th St Ensley, Birmingham, AL 35218
Current Rent **
$750
Projected Rent **
N/A
Turnkey Rental Birmingham Alabama
Are you looking for a turn key investment option in Birmingham, AL? This property is 5 minutes from downtown Birmingham and will provide an excellent return with a 5 year payback. The house has a new roof (including a new roof on the detached garage), fresh paint on the inside and outside, brand-new flooring throughout the entire house, energy efficient LED light fixtures throughout, fenced-in yard, washer/dryer connections, recently serviced HVAC with cage, and includes appliances (fridge and stove). It's currently being managed by Southeastern Rental Homes (a related entity of the seller) but can be switched to any management company of your choosing. The tenant uses a deposit only debit card to make their rent payments, which makes it very convenient for both landlord and tenant. The 1 year lease began August 2019 and rent has been made either early or on time. We are selling this property as part of our business strategy to provide turn-key real estate investment solutions in the Birmingham, AL market. If you're interested in this or other turnkey properties we have, please send us an email to [email protected] or give us a call at 205-341-9500. You can also visit www.SoutheasternREI.com/property.
For more pictures, please click on the following DropBox link: https://www.dropbox.com/sh/nealuz2yb3sh3qh/AAAHvfMbjsVN9l6CZ8JQufA2a?dl=0
* Seller is a licensed Realtor with ARC Realty.
Location:
1825 18th St Ensley, Birmingham, AL 35218
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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.
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