2124 3RD STREET NW, Center Point, AL 35215
2124 3RD STREET NW, Center Point, AL 35215
2124 3RD STREET NW, Center Point, AL 35215
33
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$192,900
Est. payment /mo
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3 Beds
2 Baths
1,817 SqFt
New

2124 3RD STREET NW Center Point, AL 35215

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Alyson Barnes

Alyson Barnes

+1(334) 828-3781

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,817 sqft

Price per Sqft $106

Subdivision Sun Valley

MLS Listing ID 21453628

Bedrooms 3

Full Baths 2

Year Built 1957

Lot Size 0.400 Acres

Property Sub-Type Single Family

Property Description

Investor alert! With $1,450/mo rent already in place through Jan. 2027, this 3/2 Center Point brick home delivers an estimated 6.4% cap rate and a gross rent multiplier of 11.26x on a fully renovated asset in the Birmingham metro area. At $108/sqft, you're acquiring cash-flowing real estate well below replacement cost. No deferred maintenance. No repositioning needed. The property was fully renovated in 2023 with new roof, HVAC, plumbing, electrical, & interior finishes throughout. On a 0.4-acre fenced lot with a detached 2-car garage, this is a long-term hold with minimal near-term capex exposure. Day 1 cash flow, no vacancy costs or turnover risk. Whether you're building a portfolio or adding a stabilized sfr to your existing holdings, this is a clean, numbers-driven acquisition.

Location

State AL

County Jefferson

Area Centerpt, Grayson Valley, Huffman, Roebuck

Interior

Interior Features None

Heating Electric (HEAT), Heat Pump (HEAT)

Cooling Electric (COOL), Heat Pump (COOL)

Flooring Carpet, Hardwood, Tile Floor, Vinyl

Fireplaces Number 1

Fireplaces Type Woodburning

Laundry Washer Hookup

Exterior

Exterior Feature Fenced Yard

Parking Features Detached, Driveway Parking

Building

Lot Description Subdivision

Foundation Crawl Space

Sewer Connected

Water Public Water

Level or Stories 1-Story

Schools

Elementary Schools Center Point

Middle Schools Erwin

High Schools Center Point

Others

Financing Cash,Conventional,FHA

Virtual Tour https://www.propertypanorama.com/instaview/bham/21453628

Listed by Jimmy Hamner RE Eastern Branch
Nearby Locations

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Alyson Barnes

Alyson Barnes

Broker | License ID: 107730

+1(334) 828-3781

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2124 3RD STREET NW