7233 ROME AVENUE, Birmingham, AL 35206
7233 ROME AVENUE, Birmingham, AL 35206
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$ 95,000
Est. payment | /mo

3 Beds

1 Bath

980 SqFt


Save
$ 95,000
Est. payment | /mo
Save

3 Beds

1 Bath

980 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 980 sqft

Price per Sqft $96

Subdivision Central Highlands

MLS Listing ID 21459932

Bedrooms 3

Full Baths 1

HOA Y/N No

Year Built 1958

Lot Size 6,969 Sqft

Property Sub-Type Single Family

Property Description

A tenant-occupied, income-producing single-family home offering investors immediate cash flow and long-term investment potential. As part of a four-property rental portfolio, this home provides the opportunity to acquire a stabilized investment. Located in East Lake, an established Birmingham neighborhood with convenient access to schools, shopping, major employment centers, and transportation routes, the property benefits from strong rental demand and favorable long-term market fundamentals. Whether you're expanding an existing portfolio or seeking a turnkey investment, this property delivers dependable income with the potential for future appreciation. 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 21459928, 21459929, 21459930.

Location

State AL

County Jefferson

Area Eastlake, Woodlawn

Interior

Interior Features None

Heating Central (HEAT)

Cooling Central (COOL)

Flooring Hardwood

Laundry Washer Hookup

Exterior

Exterior Feature Porch

Parking Features Driveway Parking, On Street Parking

Amenities Available Sidewalks

Building

Foundation Crawl Space

Sewer Connected

Water Public Water

Level or Stories 1-Story

Schools

Elementary Schools Barrett

Middle Schools Ossie Ware Mitchell

High Schools Woodlawn

Others

Financing Cash,Conventional

Listed by Keller Williams Realty Hoover

NEARBY SCHOOLS & PROPERTIES

Eddie Carr

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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7233 ROME AVENUE