Listing provided courtesy of HAMNER REAL ESTATEMLS# 174713MLS Provider
  • 69 days on site
  • 4 views

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

Source: Tuscaloosa MLS, MLS#: 174713

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  • Property Type
    Residential
  • Lot
    0.40 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 2124 3rd Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
5/11/2026Source: Tuscaloosa MLS Price Reduction
$192,900 -1.5%
4/22/2026Source: Tuscaloosa MLS Added to Database
April 22, 2026