4905 Hillman Drive,
Birmingham,
AL
35221
Investment Property with Immediate Cash Flow and 10%+ Cap Rate! This turnkey property comes with a reliable, long-term tenant on a 100% Section 8 lease, providing stable income from day one. The tenant has occupied the property since 2021, with a current monthly rent of $915. Section 8 pays 100% of rent. Highlights: - Fully renovated in 2021 with no repairs needed. - Extensive upgrades to meet all building codes: new roof, HVAC system and ductwork, upgraded electrical system (panel, breakers, wiring, and lighting), new plumbing, insulation, and drywall. - Exterior improvements include new siding, soffit, windows, privacy fence, and front entry porch. - Interior enhancements include new flooring, kitchen, laundry area, and bathroom. Additional Details: - Tenant-occupied please do not disturb the tenant. - Showings and inspections available during the buyers due diligence period after the purchase contract is signed. - No seller financing available.
This is an Active listing.
Broker Office Phone Number: 205-607-0099
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