4905 HILLMAN DRIVE SW
Birmingham, AL 35221
- 2 beds
- 1 bath
- 726 sqft
- 5,227 sqft lot
- $105 per sqft
- 1950 build
- – on site
Investment Property with Immediate Cash Flow and 10%+ Cap Rate! This turnkey property comes with a reliable, long-term tenant on a 100% Section 8 lease, providing stable income from day one. The tenant has occupied the property since 2021, with a current monthly rent of $915. Section 8 pays 100% of rent. Highlights: - Fully renovated in 2021 with no repairs needed. - Extensive upgrades to meet all building codes: new roof, HVAC system and ductwork, upgraded electrical system (panel, breakers, wiring, and lighting), new plumbing, insulation, and drywall. - Exterior improvements include new siding, soffit, windows, privacy fence, and front entry porch. - Interior enhancements include new flooring, kitchen, laundry area, and bathroom. Additional Details: - Tenant-occupied – please do not disturb the tenant. - Showings and inspections available during the buyer’s due diligence period after the purchase contract is signed. - No seller financing available.
Listing courtesy of GALMLS / Real Equity, Inc.
Last checked:
Checking…
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Last updated Nov 21, 2024
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MLS# 21402026 —
The Building
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Year Built:1950
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Exterior:Siding-Hardiplank
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Levels:1-Story
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Exterior Features:None
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Year Built Description:Existing
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Foundation:Crawl Space
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Tri-Level:No
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Attic:No
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Main Level SqFt:726
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Finished Basement SqFt:0 Sqft
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SqFt Source:Per Tax Report
Interior
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Ceiling Type:Smooth Ceilings
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Kitchen Countertops:Laminate
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Laundry Space:Room
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Concatenated Rooms:|Living1|Kitchen1|Bedroom1|Bedroom1|FullBath1|
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Room 5:Full Bath
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Room 4:Bedroom
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Room 3:Bedroom
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Rooms:Bedroom, Full Bath, Kitchen
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Split Foyer:No
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Living Area (main+upper):726
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Laundry Location:Main
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Laundry Features:Washer Hookup
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Floors:Hardwood Laminate
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Room 1:Living
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Room 2:Kitchen
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Laundry:Yes
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Kitchen Equipment:Stove-Electric
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Room 1 Level:1
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Room 2 Level:1
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Room 3 Level:1
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Room 4 Level:1
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Room 5 Level:1
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Rooms Level 1:Bedroom (LVL 1), Full Bath (LVL 1), Kitchen (LVL 1), Living (LVL 1)
Financial & Terms
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Financing:Cash, Conventional
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Sale Type:N/A
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Listing Price per Acre:$105.92
Location
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Directions:I-59 S EXIT 118 R ON VALLEY RD- L ON AARON ARONOV DR TO WEIBEL DR TO WILLIAMS SR DR TO 40TH ST- R ON JEFFERSON AVE - L ON 49TH ST- R ON HILLMAN DR
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Latitude:33.444756
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Longitude:-86.904101
The Property
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Legal Description:LOT 5 BL 4 HILLMAN GARDENS
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Property Type:Single Family
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Decks:No
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Flood Plain:No
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Class:Residental
Listing Agent
- Contact info:
- Office phone:
- (205) 607-0099
Taxes
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Parcel ID:30-00-25-1-009-037.000
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Tax District:BIRMINGHAM
Beds
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Bedrooms:2
Baths
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Total Baths:1
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Full Baths:1
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Bed/Bath Features:Shared Bath, Tub/Shower Combo
The Listing
Heating & Cooling
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Cooling:Central
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Heating:Central
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HVAC Total Area:726
Utilities
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Public Water:Public Water
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Sewer/Septic:Connected
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Underground Utilities:No
Appliances
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Water Heater:Electric
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Laundry Dryer Hookup:Dryer-Electric
Schools
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Elementary School:WENONAH
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Jr/Middle School:JONES VALLEY
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High School:WENONAH
The Community
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Subdivision:AL
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Minor Subdivision:HILLMAN GARDENS
Parking
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Parking Features:Driveway Parking
Monthly cost estimate
Asking price
$76,900
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$411
|
Taxes | N/A |
Insurance | $21 |
Utilities | $150 See report |
Total | $582/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
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11/15/24
Nov 15, 2024
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Sold Subject To Contingencies | GALMLS | $76,900 | |
11/5/24
Nov 5, 2024
|
Listed / Active | GALMLS | $76,900 |