7917 4th Ave N, Birmingham, AL 35206

4 beds1 bath1,272 sqft Edit

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Sold: $7,000
Sold on 03/28/14
Zestimate®: $48,970
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My Notes

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Turnkey!! Cash Flowing!! $850/month rental!! 17% Cap Rate!! 24.4% Return Of Investment!! 7917 4th Ave N, Birmingham AL, 35206!!Rented for $850 to a SECTION 8 tenant!!New paint throughout. (inside and out)New light fixtures throughout.New plugs, receptacles, and smoke detectors.New matching keyed locks on exterior doors.New HVAC system.New plumbing Newly remodeled bathrooms.New electric water heater.Roof has been checked out.Newly remodeled kitchen.New kitchen appliances.Hardwood Floor Throughout.Gross Income $10,200Maintenance $714Taxes $773Insurance $600Mgmt Fee $1020Net Income $7093 / $41,700 = Net Cap Rate 17%Investment $41,700Annual Return $10,200Return of Investment 24.4Asking price $41,700Cash or Hard Money Only!!Hard Money Lender Available!!Call or text Tavaras Wells at 205-821-7623 or email me at tavaras10@hotmail.com or visit our website at www.WeSellBirminghamHouses.com and don't forget to sign up to our VIP Buyers List.Thanks in advance!!Thanks,Tavaras Wells, OwnerTLW Real Estate InvestmentsP.O. Box 19845Birmingham, AL 35219C. 205-821-7623 F. 205-423-5688tavaras10@hotmail.comwww.TLWHomebuyers.comwww.WeSellBirminghamHouses.com  More Less 

Facts

  • Lot: 10,000 sqft
  • Single Family
  • Built in 1935
  • Views: 1,692 all time views
  • Cooling: Central, Other
  • Heating: Forced air
  • Last sold: Mar 2014 for $7,000
  • Last sale price/sqft: $6

Features

  • Attic
  • Fenced Yard
  • Fireplace
  • Flooring: Hardwood
  • Lawn
  • Parking: Carport, Off street, On street
  • Porch
  • Storage
  • Unfinished basement

Additional Features

  • Guest parking, Living room

Appliances Included

  • Range / Oven
  • Refrigerator
  • Washer

Room Types

  • Dining room

Construction

  • Exterior material: Composition
  • Roof type: Asphalt
  • Room count: 7
  • Stories: 1
  • Unit count: 1

Other

  • Floor size: 1,272 sqft
  • Last remodel year: 1968
  • Laundry: In Unit
  • Lot depth: 200
  • Lot width: 50
  • Parcel #: 2300104009006000
  • Zillow Home ID: 948618

Zestimate Details

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$48,970
+$1,395 Last 30 days
$41K
$55K
Zestimate range
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$750/mo
+$0 Last 30 days
$697
$787
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Owner estimate:
Posted on 10/19/2014
$65,000 (based on comparative market analysis)
Recent renovations.

Popularity on Zillow

If this home is listed on Zillow, it will reach the largest real estate network on the web.*
1,692 all-time views
of this home (chart)
55 forecasted views of this home
in the first 7 days after listing for sale
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Comparable Homes

Homes like this sold for $26-79K.

$20K
$90K

Mortgages

Neighborhood

Market guide

Zillow predicts 35206 home values will decrease 1.1% next year, compared to a 1.9% increase for Birmingham as a whole. Among 35206 homes, this home is valued 6.5% less than the midpoint (median) home, and is valued 88.6% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 35206, the number of foreclosures waiting to be sold is 16.7% higher than in Birmingham, and 86.7% lower than the national average. This higher local number may prevent 35206 home values from rising as quickly as other regions in Birmingham.

Learn more about forecast calculations or 35206 home values.
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    Nearby Schools in Birmingham

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