$130,000

707 CENTER WAY S, Birmingham, AL 35205

3 beds |
1 bath |
1,198 sqft

Single-Family Home
Built in 1920
5,227sqft lot
—— car garage
$109/sqft
Listed 9 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 and HVAC LESS THAN FIVE YEARS OLD. NEW PAINT and LIGHT FIXTURES. 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 28, 2025 at 05:00AM
Listing Office:: Smart Decision and Associates : 770-722-3396
Listing Agent:: Rick Waggoner : 404-855-1374
MLS ID:: 21435280

General: None
Rooms: Bedroom (ROOM)Full Bath (ROOM)Kitchen (ROOM)Master Bedroom (ROOM)
Kitchen: None
Laundry: OtherWasher Hookup
Flooring: CarpetVinyl
A/C: Central (COOL)
Heating: Central (HEAT)
Fireplace: Fireplaces: 0

General: Storage Building
Parking: Driveway Parking

General: Siding-Vinyl1-StoryCrawl Space

County: Jefferson

Zoning: LOT 9 BLK 2 N B SMITH ADD TO BHAM29-00-02-3-027-013.000

Water: Public Water
Sewer: Connected

This listing courtesy of Rick Waggoner, Smart Decision and Associates

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Glen Iris Elementary School

1115 11th St S, Birmingham, AL, 35205

Grades KG-5

1.12 miles away

Booker T. Washington K - 8 School

115 4th Ave S, Birmingham, AL, 35205

Grades KG-8

0.27 miles away

A. H. Parker High School

400 Abraham Woods Jr Blvd, Birmingham, AL, 35204

Grades 9-12

1.54 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.