$192,900

2124 3RD STREET NW, Center Point, AL 35215

  • 3 beds |
  • 2 baths |
  • 1,817 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1957
  • Property Lot Size Icon0.4acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $106/sqft
  • Property List Date Icon Listed 1 day ago

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.

Listing Status:
Active
Date Added:
May 20, 2026
Data Last Updated:
May 21, 2026 at 3:56PM
Listing Office:
Jimmy Hamner RE Eastern Branch : +1 (205) 345-0654
Listing Agent:
Holli Wilson : (205) 901-9446
MLS ID:
21453628
  • General: None
  • Rooms: Bedroom (ROOM)Full Bath (ROOM)Kitchen (ROOM)Master Bath (ROOM)Master Bedroom (ROOM)
  • Kitchen: Dishwasher Built-InOven-ElectricStove-Electric
  • Laundry: ClosetWasher Hookup
  • Flooring: CarpetHardwoodTile FloorVinyl
  • A/C: Electric (COOL)Heat Pump (COOL)
  • Heating: Electric (HEAT)Heat Pump (HEAT)
  • Fireplace: Living Room (FIREPL)WoodburningStone (FIREPL)Fireplaces: 1
  • General: Fenced Yard
  • Parking: DetachedDriveway Parking
  • General: 4 Sides BrickSiding-Vinyl1-StoryCrawl Space
  • County: Jefferson
  • Zoning: LOT C RESUR OF E 1/2 LOT 4 BLK 3 SUN VALLEY12-00-18-3-004-005.000
  • Water: Public Water
  • Sewer: Connected

This listing courtesy of Holli Wilson , Jimmy Hamner RE Eastern Branch

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  †
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

Similar Listings Nearby