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(205) 410-1005
LoKation Real Estate LLC
5541 Ct P, Birmingham, AL 35208
- $35,000
- 2
- BD
- 1
- BA
- 1,035
- SqFt
- Sold Price
- $35,000
- List Price
- $40,000
- Status
- CLOSED
- Days on Market
- 13
- Closing Date
- May 28, 2026
- MLS#
- 21453103
- Subtype
- Residential
- Year Built
- 1940
- Bedrooms
- 2
- Bathrooms
- 1
- Full Baths
- 1
- Living Area
- 1,035
- Lot Size
- 6,534
- Acres
- 0.15
- Subdivision
- Central Park
- MLS Area Major
- 290
Property Description
This income-producing investment opportunity was previously rented through Section 8 at $1,000/month, with a $993 housing authority subsidy, offering strong cash flow potential at a $40,000 price point. This 2-bedroom, 1-bath home offers 1,035 square feet, a screened front porch, detached 1-car garage, private alley access, and off-street parking. The property will need repairs and updates before Section 8 re-approval, creating a strong value-add opportunity for investors looking to improve returns and long-term performance. Detached garage adds additional tenant appeal with storage, parking, or workshop flexibility. Conveniently located near major roads, shopping, schools, and everyday essentials in an established rental area. Whether expanding your portfolio or looking for your next project, this property offers proven rental history and strong upside.
Additional Information
- Exterior Features
- Fenced Yard, Porch Screened
- Flooring
- Carpet
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Levels
- One
- Parking Features
- Detached, Main Level, On Street
- Garage Spaces
- 1
- Elementary School
- Central Park
- Middle School
- Green Acres
- High School
- Jackson-Olin
Listing courtesy of Today's Home. Selling Office: LPT Realty LLC.