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2124 3rd Street, Centerpoint, AL 35215 | MLS ID 174713 - Hardcastle Realty
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$192,900

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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, youre 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 youre building a portfolio or adding a stabilized sfr to your existing holdings, this is a clean, numbers-driven acquisition.

Information
Address:
 <map>
2124 3rd Street
Centerpoint, AL 35215
Bedrooms:  3
Bathrooms:  2 full
Square Feet:  1817
Subdivision:  Sun Valley
Area/School Dist:  Jefferson County
MLS ID:  174713
Status:  Active



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Features
Taxes: $2,296
Roof Type: Composition,Shingle
Exterior: Brick,Vinyl Siding
Lot Size: 0.40 Acres
Heating: Electric
Cooling: Electric,1 Unit
Year Built: 1957
Water: Public
Sewer: Connected
Stories: 1.0
Appliances: Dishwasher,Electric Oven,Electric Range,Electric Water Heater,Range Hood
Interior Features: Ceiling Fan(s),Sun Room,Cable TV,Vaulted Ceiling(s)
Fencimg: Chain Link
Fireplace: Family/Living/Great Room
Laundry: Laundry Closet
Lot Description: Backs to Greenbelt/Park
Parking: Concrete,Driveway,Detached,Garage
Parcel#: 12-00-18-3-004-005.000
Patio/Porch: Deck,Open
Utilities: Cable Available,Sewer Connected
Window: Blinds


School Information
High School: Erwin
Middle School: Erwin
Elementary School: Centerpoint


Mortgage Information


Home Price:
Down Payment: , or
%
Loan Term: months, or
years.
Interest Rate: %
Estimated Monthly Payment (prin & int):

Agency/Agent Information
Shown By:
  Agency Name: Hardcastle Realty
  Agency Phone: 330-426-6600

Listed By
   HAMNER REAL ESTATE

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