10
See all 10 photos
$399,000
Est. payment /mo
5 Beds
3 Baths
Active
524 55TH STREET Birmingham, AL 35212
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Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Subdivision Woodlawn Realty
MLS Listing ID 21459752
Bedrooms 5
Full Baths 3
Year Built 1950
Property Sub-Type Quadplex
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 PITI Expert Alabama lender partnership locked in and ready. Move-in ready to cash flow. Please contact the listing agent for more information!
Location
State AL
County Jefferson
Area Avondale, Crestwood, Highland Pk, Forest Pk
Interior
Heating Central w/Ind Ctrl(HEAT)
Cooling Central w/Ind Ctrl(COOL)
Flooring Vinyl
Exterior
Parking Features 1 Space per Unit, 2 Spaces per Unit, On Street Parking, Other
Building
Foundation Basement
Sewer Connected
Water Public Water
Schools
Elementary Schools Avondale
Middle Schools Putnam, W E
High Schools Woodlawn
Others
Financing Cash,Conventional,FHA
Virtual Tour https://www.propertypanorama.com/instaview/bham/21459752
Listed by Watts Realty Co Inc
NEARBY SCHOOL & BUSINESS
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