Birmingham, AL 35235 831 Martinwood Road

  • MLS# 1289521
  • 06/21/2021
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Presented By: LAH - Crestline Branch
  • Beds • 2
  • Baths • 1
  • SQFT • 997
  • Year Built • 1955

Home Details

This home is apart of a Rental Portfolio to be sold with 19 other properties. Not only is the CAP rate outstanding but this portfolio is designed for efficiency! Many of the locations are only 1-2 minute drives from each other, with the furthest between two homes being no more than 10 minutes... 7 of the doors are even all on one street!!! This portfolio is 88% occupied but all units are move-in ready. The sellers decided to leave the last 3 units open, so the new buyer could decide what direction they wanted to take the portfolio. It should be noted that 75% of these homes are within a 5 minute drive of the site for the 2022 WORLD GAMES. Millions of dollars are being invested into restaurants, hotels and infrastructure in anticipation of the games. *Properties will not be sold individually. *Asking Price for all 20 properties: $1,500,000 *Monthly Rent: $16,186.00 ($8,394 Guaranteed via Section 8) *Annual Rent: $201,792.00
Presented By: LAH - Crestline Branch

Interior Features for 831 Martinwood Road

Other Interior Features

SubdivisionHUFFMAN ESTATES

General for 831 Martinwood Road

Bathrooms1
Beds2
ClassRESIDENTIAL
CoolingCentral (COOL)
Elementary SchoolGOING
FinancingCash
Fireplaces0
Full Baths1
Garage0
Half Baths0
HeatingElectric (HEAT)
High SchoolHUFFMAN
Interior FeaturesNone
Laundry Y/NYes
Levels1-Story
Listing AreaCenterPt, Grayson Valley, Huffma
Middle SchoolHUFFMAN
Sale/RentFor Sale
StatusActive
StatusActive
TypeSingle Family
WaterPublic Water
Water HeaterElectric (WTRHTR)
WaterfrontNo
Year Built1955

Exterior for 831 Martinwood Road

Car Port1
ExteriorSiding-Other
Exterior FeaturesNone
FoundationCrawl Space
Patio?No
Pool?No

Additional Details

Price History

Schools

Middle School Huffman Middle School
High School Huffman High School
Elementary School Going Elementary School

Chad Beasley

Realtor
Price $82,500
MLS#1289521
List Date 06/21/2021
Property Type Single Family
Phone 205.401.2423
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