2124 3RD STREET NW, Center Point, AL 35215
- 3 beds |
- 2 baths |
- 1,817 sqft
Single-Family Home
Built in 1957
0.4acre lot
—— car garage
$106/sqft
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: 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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $






