756 82nd St S, Birmingham, AL 35206
- $85,000
- 2
- BD
- 1
- BA
- 1,020
- SqFt
- List Price
- $85,000
- Status
- ACTIVE
- MLS#
- 21459930
- Subtype
- Residential
- Year Built
- 1936
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,020
- Lot Size
- 7,405
- Acres
- 0.17
- Subdivision
- East Lake South Highlands
- MLS Area Major
- 160
Property Description
This charming 2-bedroom, 1-bath single-family home offers approximately 1,083 square feet of living space and presents an excellent investment opportunity. Located in Birmingham's established South East Lake area, the property is well-positioned for long-term rental demand and easy access to local amenities, schools, shopping, Ruffner Mountain, and major transportation routes. Whether you're adding to an existing portfolio or seeking a stable income-producing asset, this home combines affordability, functionality, and investment potential. Investor Alert: The 4 home portfolio currently brings in $3,390/mo from just 3 occupied homes. Once the 4th vacant property is leased, the projected portfolio income jumps to $4,190+/mo, unlocking a massive 14.37% Pro Forma Gross Yield and an 8.07% Cap Rate. See matching portfolio listings at MLS 21459932, 21459928, 21459929, 21459930.
Additional Information
- Exterior Features
- Porch
- Flooring
- Hardwood
- Heating
- Central
- Air Conditioning
- Central Air
- Levels
- One
- Parking Features
- Driveway, On Street
- Elementary School
- Robinson
- Middle School
- Ossie Ware Mitchell
- High School
- Woodlawn
Listing courtesy of Keller Williams Realty Hoover.