8252 Vassar Ave, Birmingham, AL 35206 | MLS 843491 | Listing Information | Mountain Brook - Crestline
FOR SALE
$49,900

8252 Vassar Ave
Birmingham, AL 35206

Single Family
Residence
2
Beds
1
Baths
1,008
Sq. Ft.
N/A
Acre Lot
1of
Photos
Map
Courtesy: RE/MAX Realty Brokers
20% CAP Rate 60% LTV After Rehab INVESTOR SPECIAL, ARV $845,000 on 13 house portfolio! Part of a 13 house portfolio for sale for $510,000, but each house available for individual purchase. When rehabbed, estimated rehab on all properties is $60,000, their combined ARV is $845,000. Should net an average of $675 per property per month after taxes & insurances are deducted. Currently bringing in documented cash flow of $42,500 per year on 5 properties, with an upside of 8 additional properties. Total rental expectation for all is $105,300. We have investor financing, no income, must have 600+ credit score or for no credit check and score then 45% down owner financing for 12 months. CASH price available for Investor buying all 13. ATTENTION ALL INVESTORS!!! Has hardwood floors and new paint. Rented for $700 per month. Package deal when buying multiple properties.
843491
Single Family, 1 Story
2
Jefferson
1 Full
1935
Public Water Service
1
Vinyl Siding
Sewer Connected
School Rating Out of 10
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Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

Transit Score

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Courtesy: RE/MAX Realty Brokers
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