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524 55th Street, Birmingham, AL 35212

$399,000.00
  • 524 55th Street, Birmingham, AL 35212 Main Photo
Active
BEDS0 BATHS MLS#21459752
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONWOODLAWN REALTY

Property Description

QUADPLEX HOUSE FOR SALE!Weather your are a seasoned investor looking for a great deal OR a thrifty newcomer looking to start building wealth AND lowering expenses, this one is worth looking at. Stable, 3/4 occupied, $3,750/month gross rent. New exterior, (roof, windows, and siding), new finishes throughout. HOUSE HACK CASH FLOW: Live in Unit C rent-free + collect $2,790/month from units A, B, D. With financing as low as $2,160/month, you cash flow monthly while building wealth and equity.FOUR FINANCING OPTIONS READY:? FHA 3.5% down: $27,000 cash-to-close | $2,894/month PITI? Conventional 5% down: $33,000 cash-to-close | $2,749/month PITI? Conventional 20% down: $100,000 cash-to-close | $2,277/month PITI? Conventional 25% down: $123,000 cash-to-close | $2,160/month PITIExpert Alabama lender partnership locked in and ready. Move-in ready to cash flow. Please contact the listing agent for more information!

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: ,Full
Cooling: Central w/Ind Ctrl
Days on Market: 7
Year Built: 1950

Feature Descriptions

Expenses: 60
Exterior: ,Concrete
Flood Plain Y/N: No
Flooring: Vinyl
Miscellaneous: Pets Allowed
Owner Pays: No Utilities (Owner), Other
Parcel #: 23-00-21-4-012-037.000
Sewer: Connected
Tenant Pays: All Utilities, Cable TV, Electricity, Gas, Hot Water, Water/Sewer (TENANT)
Units: 4
Water: Public Water

Local Schools

High School: WOODLAWN
Middle School: PUTNAM, W E
Elementary School: AVONDALE

Listed By / Shown By

Listed By

Agency Name: Watts Realty Co Inc
Agency Phone: (205) 251-1267

Shown By

Agency Title: Newcastle Homes
Agency Phone: 205-671-2931

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Estimated Payment

$ 1,791.11 per month $1,674.73 Principal & Interest $0.00 Property Tax (data not provided by mls) $116.38 Homeowner's Insurance

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