524 55th Street, Birmingham, AL 35212
- $399,000
- List Price
- $399,000
- Status
- ACTIVE
- MLS#
- 21459752
- Year Built
- 1950
- Region
- Avondale, Crestwood, Highland Pk, Forest Pk
- Subdivision
- Woodlawn Realty
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!
/u.realgeeks.media/welcomehomebirmingham/Untitled_design.png)
Additional Information
- Floors
- Vinyl
- Basement
- Full Basement
- Cooling
- Central w/Ind Ctrl(COOL)
- Parking
- 1 Space per Unit, 2 Spaces per Unit, On Street Parking, Other
- Construction
- Brick and Frame, Concrete/Block, Siding
- Water
- Public Water
- Elementary School
- Avondale
- Middle School
- Putnam, W E
- High School
- Woodlawn
Mortgage Calculator
Listing courtesy of Watts Realty Co Inc.