$150,000

1527 5th W Avenue, Birmingham, AL 35208

  • 4 beds |
  • 2 baths |
  • 1,470 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon6,499sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $102/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Rare opportunity to acquire 4 fully-leased residential properties with GUARANTEED SECTION 8 RENTAL INCOME. This turnkey investment features FOUR COMPLETELY RENOVATED HOMES, all generating immediate cash flow. ROOF LESS THAN FIVE YEARS OLD. HVAC 9 YEARS OLD. NEW KITCHEN CABINETS WITH GRANITE COUNTERTOPS and NEW FLOORING THROUGHOUT. NEW PAINT, TRIM AND PLUMBING IN KITCHEN AND BATHS. NEW SIDING ON HOUSE. TENANTS REQUIRED TO BRING OWN APPLIANCES, WHICH GREATLY REDUCES MAINTENANCE REQUESTS. Section 8 tenants provide dependable, consistent income with reduced vacancy risk. AVAILABLE AS A COMPLETE PORTFOLIO for maximum return OR SOLD SEPARATELY to accommodate various investment goals. Ideal for both seasoned investors looking to expand and newcomers seeking stable, hands-off income properties. Please DO NOT approach or disturb tenants regarding the property’s sale. Direct all questions to the listing agent. RENTAL INCOME DETAILS AVAILABLE UPON REQUEST. NO SHOWINGS UNTIL UNDER CONTRACT AND IN DUE DILIGENCE PERIOD.

Listing Status:
Active
Date Added:
October 18, 2025 at 05:00AM
Listing Office:
Smart Decision- Sharon Dover And Associates : 770-495-3500
Listing Agent:
Richard Waggoner : 404-855-1374
MLS ID:
7669780
  • General: Other
  • Rooms: BasementOther
  • Appliances: Other
  • Laundry: Main LevelOther
  • Basement: PartialUnfinished
  • Flooring: Laminate
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Central
  • Fireplace: BrickFamily RoomFireplaces: 1
  • Disability Feature: None
  • Eco/Green Feature: NoneNone
  • General: None
  • Style: Ranch
  • Pool: None
  • Parking: Parking Pad
  • Roofing: Composition
  • Windows: None
  • General: Vinyl SidingOneBlock
  • Road/Access: City Street
  • Originating MLS: First Multiple Listing Service
  • County: Jefferson - AL
  • Zoning: LOT 8 BLK 7 HEFLIN-COLLINS SURVEY2200333019008000
  • View: CityNeighborhood
  • Fencing: None
  • Utilities: Cable AvailableElectricity AvailableSewer AvailableWater Available110 Volts
  • Water: Public
  • Sewer: Public Sewer
  • Source: First Multiple Listing Service

This listing courtesy of Richard Waggoner, Smart Decision- Sharon Dover And Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

P

Princeton School

1425 2nd Ave W, Birmingham, AL, 35208

Grades PK-5

0.42 miles away

B

Bush Hills STEAM Academy

900 16th St W, Birmingham, AL, 35208

Grades 6-8

0.52 miles away

F

Family Court High School

120 2nd Ct N, Birmingham, AL, 35204

Grades 8-12

1.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby

707 Center S Way, Birmingham, AL 35205
Single-Family Home For Sale

$130,000

  • 3 bed |
  • 1 bath |
  • 1,198 sqft |
707 Center S Way Birmingham, AL 35205

#7669535 - Smart Decision- Sharon Dover And Associates

1401 43rd W Street, Birmingham, AL 35208
Single-Family Home For Sale

$160,000

  • 3 bed |
  • 1 bath |
  • 1,482 sqft |
1401 43rd W Street Birmingham, AL 35208

#7669545 - Smart Decision- Sharon Dover And Associates