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4 Beds
2 Baths
1,456 sqft

$115,000

3244 Central Ave, Birmingham AL, 35224

Price per sqft$78.98
Built in1976
Property size1,456 sqft
Property typeResidential

Overview

Active

Updated 11 days ago

Attention investors! This is the kind of project that creates serious equity. Located in Birmingham's Minor/Sherman Heights area, this spacious 4-bedroom, 2-bath home sits on an oversized 0.57-acre lot and offers more than 2,100 square feet of living space, complete with a large basement and attached garage. With an estimated $30,000-$40,000 renovation, this property has the potential to become an outstanding long-term rental or profitable resale. nor I had Investment Highlights 4 Bedrooms | 2 Bathrooms Approximately 2,100+ SF Oversized 0.57-acre lot Huge basement garage with additional storage Estimated rehab: $30,000-$40,000 Estimated ARV: $200,000-$220,000 Excellent Buy & Hold or BRRRR opportunity Strong equity potential after renovation Why Investors Will Love This Deal This property offers features that are becoming harder to find at this price point: Large floor plan Full basement with garage Expansive lot with room for outdoor improvements Strong renovation upside Multiple exit strategies Whether you're looking to renovate and refinance, add another cash-flowing rental to your portfolio, or complete a full flip, this property provides the flexibility investors are looking for. Multiple Exit Strategies Buy & Hold Rental BRRRR Investment Fix & Flip Long-Term Appreciation Prime Investment Location Conveniently located just minutes from Downtown Birmingham, the property provides easy access to: Downtown Birmingham Interstate highways Shopping and restaurants Schools Parks and recreation Major employment centers The Minor/Sherman Heights area continues to attract investors seeking affordable acquisition opportunities with strong rental demand and value-add potential. Estimated Numbers Estimated Rehab: $30,000-$40,000 Estimated ARV: $200,000-$220,000 Large 0.57-acre lot Huge basement garage Excellent upside Investor Summary Opportunities offering this much square footage, a basement garage, and a large lot are hard to come by in today's market. With the right renovation, this property has the potential to become a standout asset in any investor's portfolio. Whether you're a seasoned rehabber or a long-term rental investor, 3244 Central Ave presents an opportunity to build equity and generate strong returns.

$765/mo

Est. mortgage payment based on a $115,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
11943267

Interior Features

Bedrooms
4
Bathrooms
2
Fireplace
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.03 Acres

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