2124 3rd Street • Centerpoint, AL 35215

$192,900 Beds: 3 • Baths: 2 full • Sq. Feet: 1817 • MLS ID: 174713
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. View this listing at: http://www.hardcastlerealty.com/lid=186148126

Property 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
Printed June 03, 2026


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