2124 3RD STREET NW, Center Point, AL 35215

Local realty services provided by:ERA King Real Estate Company, Inc.
2124 3RD STREET NW,Center Point, AL 35215
$192,900
  • 3 Beds
  • 2 Baths
  • 1,817 sq. ft.
  • Single family
  • Active
Listed by: holli wilson
Office: jimmy hamner re eastern branch
MLS#:21453628
Source:AL_BAMLS

Price summary

  • Price:$192,900
  • Price per sq. ft.:$106.16

About this home

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.

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Home facts

  • Year built:1957
  • Listing ID #:21453628
  • Added:1 day(s) ago
  • Updated:May 21, 2026 at 03:51 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Hardwood, Tile Floor, Vinyl
  • Bathrooms Description:Tub/Shower Combo
  • Kitchen Description:Dishwasher Built-In, Oven-Electric, Stone Counter, Stove-Electric
  • Living area:1,817 sq. ft.

Heating and cooling

  • Cooling:Electric, Heat Pump
  • Heating:Electric, Heat Pump

Structure and exterior

  • Year built:1957
  • Building area:1,817 sq. ft.
  • Lot area:0.4 Acres
  • Lot Features:Subdivision
  • Construction Materials:4 Sides Brick, Siding-Vinyl
  • Exterior Features:Fenced Yard, Open Deck
  • Foundation Description:Crawl Space
  • Levels:1 Story

Schools

  • High school:CENTER POINT
  • Middle school:ERWIN
  • Elementary school:CENTER POINT

Utilities

  • Water:Public Water
  • Sewer:Sewer Connected

Finances and disclosures

  • Price:$192,900
  • Price per sq. ft.:$106.16

Features and amenities

  • Appliances:Dishwasher Built-In, Oven - Electric, Stove - Electric
  • Laundry features:Dryer-Electric, Laundry in Middle Level, Washer Hookup

Parking

  • Parking description:Carport 2 Cars, Detached, Driveway Parking
  • Carport spaces:2