Residential in BIRMINGHAM

$78,000

4727 6TH AVENUE, 35224, BIRMINGHAM, AL

Residential for sale in BIRMINGHAM, 4727 6TH AVENUE, 35224, 1440 m²

4727 6TH AVENUE, 35224, BIRMINGHAM, AL

$78,000

3Bed
1Bath
1440
Type: Residential

Description

3BR/1BA rental with an active Section 8 HAP contract in place. Current gross rent $825/mo ($750 HAP + $75 resident contribution) with lease expiring August 2026. The tenant intends to renew for the August 18, 2026 - August 17, 2027 term, and is currently pending their signature. For this renewal, we will need to send the lease out at the current rate of $825.00 and then resubmit the Section 8/HAP rent increase request for $858.00 in August. Once approved, the new amount will be processed via a lease addendum, with the updated rent taking effect on November 1st. Property features original hardwood floors throughout the living areas, an updated bathroom with tile flooring and a modern vanity, and a functional electric HVAC system. Laundry hookups in the kitchen. Occupied and cash flowing day one. Ideal for the buy-and-hold investor seeking immediate Section 8 income with upside at lease renewal or market-rate conversion. Priced for the investor, not the retail buyer.

Location

4727 6TH AVENUE, 35224, BIRMINGHAM, AL

Data

Object TypeResidential
Purchase Price$78,000
Living Space1440 m²
Plot Size526.09 m²
Bathrooms1
Construction Year1925
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeElectric (HEAT)
Primary Energy SourceN/A
Construction Year1925
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent