225 68TH ST N $45,000

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    225 68TH ST N BIRMINGHAM, AL 35206

    • 3 Beds
    • 1 Baths
    • 1,008 sq.ft.
    • Single-Family
    MLS# 843486 | Active

    $45,000

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    Days On Market: 100 5 Views
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    Property Details

    20% CAP Rate 60% LTV After Rehab INVESTOR SPECIAL, ARV $845,000 on 13 house portfolio! Part of a 13 house portfolio for sale for $510,000, but each house available for individual purchase. When rehabbed, estimated rehab on all properties is $60,000, their combined ARV is $845,000. Should net an average of $675 per property per month after taxes & insurances are deducted. Currently bringing in documented cash flow of $42,500 per year on 5 properties, with an upside of 8 additional properties. Total rental expectation for all is $105,300. We have investor financing, no income, must have 600+ credit score or for no credit check and score then 45% down owner financing for 12 months. CASH price available for Investor buying all 13.

    • General Features
      • County Jefferson
      • Full Bathrooms 1
      • Half Bathrooms 0
      • MLS Market Area EastLake, Woodlawn
      • Property Type Single Family
      • Subdivision - Major TROTWOOD PARK
      • Subdivision - Minor TROTWOOD PARK
      • Year Built 1930
      • Year Built Desc Existing
    • Building Features
      • Attic Pull-Down
      • Attic Y/N Yes
      • Bed Bath Features Shared Bath, Tub/Shower Combo
      • Construction Brick Over Foundation, Wood
      • Cooling No Air
      • Decks Y/N No
      • Floors Carpet, Tile Floor, Vinyl
      • Foundation Crawl Space
      • Heating Forced Air, Gas Heat
      • IDX Include Yes
      • Historic Register Y/N No
      • INTERIOR FEATURES Handiman Special
      • KITCHEN EQUIPMENT None
      • Kitchen Features Eating Area
      • Laundry Location Laundry (MLVL)
      • Laundry Space Room
      • Loft Y/N No
      • Bedrooms 3
      • Number of Carport Spaces 0
      • Number of Fireplaces 0
      • Number of Garage Spaces Basement Level 0
      • Number of Garage Spaces Main Level 0
      • Number of Levels 1-Story
      • Number of Total Baths 1
      • Number of Total Garage Spaces 0
      • Patio Y/N No
      • ROOMS Bedroom (ROOM), Den/Family (ROOM), Full Bath (ROOM), Kitchen (ROOM), Master Bedroom (ROOM)
      • Split Foyer Y/N No
      • Split Level Y/N No
      • Tri Level Y/N No
    • Room Features
      • Room 3 Level 1
      • Room 4 Bedroom
      • Room 4 Level 1
      • Room 5 Bedroom
      • Room 5 Level 1
      • Room 6 Full Bath
      • Room 6 Level 1
      • Room 1 Den/Family
      • Room 1 Level 1
      • Room 2 Kitchen
      • Room 2 Level 1
      • Room 3 Master Bedroom
    • Property Features
      • Log Home Y/N No
      • Lot View Y/N No
      • Number of Acres 0
      • Parking Features Driveway Parking, On Street Parking
      • Pool Y/N No
      • Waterfront Y/N No
    • Schools
      • High School WOODLAWN
      • Elementary School1 GIBSON
      • Middle School GASKINS, MARTHA

    Contact

    Whitney Shirley

    Realtor

    000117274

    RE/MAX Realty Brokers

    Direct: 205-223-6025

    Neighborhood

    35206 (BIRMINGHAM) Demographics

    39Median Age
    1,611Population Density (per sq. mile)
    22%College Educated
    $32,108 Estimated Median Income
    3,363Estimated Total Home Owners
    3,262Estimated Total Renters
    51% / 49%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    16,476Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $121,750 Median Sales Price
    22 Homes Sold
    34 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $45,000
        3/15/2019 10:12:00 PM New in Database Source

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        Information is provided in part by the IDX Program of the Birmingham Area Multiple Listing Service. All information provided is deemed reliable but is not guaranteed and should be independently verified.