2124 3RD STREET NW, Center Point, AL 35215
Local realty services provided by:ERA King Real Estate Company, Inc.
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
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