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4905 Hillman Dr

By Owner
BIRMINGHAM, AL, 35221
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Property Description

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2 Bedrooms

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1.0 Baths

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850 SQ FT

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0.12 Acres

$77,900

About this home

Uncover a phenomenal gem in the world of property investment. Steeped in a consistent influx of cash from day one and bolstered by an impressive 10+% Cap Rate, this house symbolizes a treasure trove of opportunity. With its current tenant, guaranteed through Section 8, assuring occupancy and a reliable income of $915 monthly since 2021, revenue generation is virtually worry-free. Breathing new life into the structure, a thorough renovation in 2021 saw foregrounding of modernity while upholding the regulatory checks of building codes. The makeover of this 2-bedroom, 1-bathroom living space entailed the replacement of virtually everything in this upgraded 850 sqft of cozy abode. Flaunting a fresh roof and new HVAC system, it boasts of thoroughly overhauled internal and exterior electrical service, resplendent with a new panel, breakers, interior and exterior wiring, providing unrivaled safety and complies with the latest codes. Enhanced living comfort is served through the revamped siding and soffit, endowing the house with an arresting curb appeal. More than just aesthetic upgrades, functional improvements also abound. The new front entry porch and windows ensure you are welcomed home with style and protection from any weather. Subtle elegance continues inside with freshly installed insulation and drywall throughout the house adding to the overall comfort and efficiency. While the refurbished kitchen promises to be the heart of the house, the brand new bathroom caters to invigorating routines. A laundry provision enhances the functionality of the residence, providing convenience at your fingertips. Each footstep on the new flooring signifies a tangible touch of contemporary comfort. Matched exterior grace with interior privacy, this property is also adorned with a new fence, creating a tranquil nook within its 0.12-acre lot. The turnkey status of this property promises ease of transition into becoming a part of your rental portfolio – it is simply awaiting your decisive move. The tenant-occupied status secures a hassle-free tenancy, thereby mitigating interruptions to the current occupants. Therefore, showings and inspections are to occur post signing a purchase contract, within the allocated due diligence period. Add this sparkling jewel to your investment collection, and watch as this property continues to yield positive gains in your ever-growing estate portfolio.

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