Skip To Content

440 86TH STREET S

Birmingham, AL 35206
  • $109,950
  • STATUS: Active Under Contract
  • ON SITE: 50 Days
  • MLS #: 21381267
Under Contract
$109,950
  • 3
    BEDS
  • 0.17
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 951
    SQFT
  • $116
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1946
County:

School Information

Elementary School:
Middle School:
High School:
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Real Equity, Inc..
© 2024 Greater Alabama MLS.



Description

Nestled in the heart of South East Lake, this charming bungalow has been tastefully remodeled just minutes away from downtown. Property is being used as a short term rental and it is a cash cow. Gross revenue from 5/1/2023 - 5/1/2024 is $27,410.55 (Airbnb is $12,806.72 and VRBO is $14,603.83). Monthly gross avg is $2,284.21 for this period. Full financials will be provided if you would like to keep it as a short term rental. Property was renovated in 2023 and currently fully stabilized with zero maintenance. Perfect for an investor seeking an STR with strong cash flow.

Monthly Payment Calculator



Greater Alabama MLS (Birmingham Association of Realtors) logo © 2024 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Lake League Real Estate. Data last updated: 2024-05-22T00:30:46.94.

www.lakeleague.com/homes/149087822
Print Image

440 86TH STREET S Birmingham, AL 35206

  • Price: $109,950
  • Status: Active Under Contract
  • On Site: 50 Days
  • MLS #: 21381267
3
Beds
1
Baths
0
½ Baths
0.17
Acres
951
SQFT
$116
$/SQFT
1946
Built
Neighborhood:
Eastwood Park
County:
Jefferson
Area:
Eastlake, Woodlawn
Elementary School:
Robinson
Middle School:
Ossie Ware Mitchell
High School:
Woodlawn
Property Description
Nestled in the heart of South East Lake, this charming bungalow has been tastefully remodeled just minutes away from downtown. Property is being used as a short term rental and it is a cash cow. Gross revenue from 5/1/2023 - 5/1/2024 is $27,410.55 (Airbnb is $12,806.72 and VRBO is $14,603.83). Monthly gross avg is $2,284.21 for this period. Full financials will be provided if you would like to keep it as a short term rental. Property was renovated in 2023 and currently fully stabilized with zero maintenance. Perfect for an investor seeking an STR with strong cash flow.
Exterior Features

Carport Spaces 0 Construction Siding-Vinyl Decks YN No Exterior Features Fenced Yard Garage Spaces Bsmt Lvl 0 Garage Spaces Main Lvl 0 Garden Patio YN No Log Home YN No Lot View YN No Parking On Street Parking Patio Open (PATIO) Patio YN Yes Pool YN No Waterfront YN No

Interior Features

Attic Pull-Down Attic YN Yes Bed Bath Features Tub/Shower Combo Ceilings Smooth Ceilings Cooling Central (COOL) Dryer Hookups Dryer-Electric Fireplace Details Stone (FIREPL) Fireplace Location Living Room (FIREPL) Fireplace Type Gas (FIREPL) Fireplaces 1 Floors Hardwood Foundation Crawl Space Heating Central (HEAT) Interior Features None Kitchen Equipment Dishwasher Built-InRefrigeratorSome Stainless ApplStove-Electric Laundry Features Washer Hookup Laundry Location Laundry (MLVL) Laundry Space Room Laundry YN Yes Levels 1-Story Room Five Bedroom Room Four Bedroom Room One Living Room Six Full Bath Room Three Master Bedroom Room Two Kitchen Rooms Bedroom (ROOM)Full Bath (ROOM)Kitchen (ROOM)Master Bedroom (ROOM) Split Foyer YN No Split Level YN No Total Baths 1 Tri Level YN No Water Heater Electric (WTRHTR)

Property Features

Financing CashConventionalFHAVA Historic Register YN No Sales Type N/A Sewer / Septic Connected Underground Utilities YN No Water Public Water Year Built Desc Existing

Listing provided by Real Equity, Inc.: (205) 607-0099.


Greater Alabama MLS (Birmingham Association of Realtors) logo © 2024 Greater Alabama MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or Lake League Real Estate. Data last updated: 2024-05-22T00:30:46.94.

 
https://bt-photos.global.ssl.fastly.net/birmingham/1280_boomver_1_21381267-2.jpg https://bt-photos.global.ssl.fastly.net/birmingham/1280_boomver_1_21381267-2.jpg https://bt-photos.global.ssl.fastly.net/birmingham/1280_boomver_1_21381267-2.jpg
Logo
Lake League Real Estate
218 First Ave SE
Cullman AL, 35055
Greater Alabama MLS (Birmingham Association of Realtors) logo Listing provided courtesy of Real Equity, Inc..
© 2024 Greater Alabama MLS.