About This Home
This 3-bedroom, 1-bathroom single family at 4727 6TH AVENUE in Birmingham, AL is listed for $78,000 ($54 per sqft). Built in 1925, the home offers 1,440 sqft of living space on a 0.13 acres lot.
Key Features
- Built in 1925
- 0.13 acre lot
- Fireplace
Property Details
Amenities
3BR/1BA rental with an active Section 8 HAP contract in place. Current gross rent $825/mo ($750 HAP + $75 resident contribution) with lease expiring August 2026. The tenant intends to renew for the August 18, 2026 - August 17, 2027 term, and is currently pending their signature.
For this renewal, we will need to send the lease out at the current rate of $825.00 and then resubmit the Section 8/HAP rent increase request for $858.00 in August. Once approved, the new amount will be processed via a lease addendum, with the updated rent taking effect on November 1st.
Property features original hardwood floors throughout the living areas, an updated bathroom with tile flooring and a modern vanity, and a functional electric HVAC system. Laundry hookups in the kitchen. Occupied and cash flowing day one. Ideal for the buy-and-hold investor seeking immediate Section 8 income with upside at lease renewal or market-rate conversion. Priced for the investor, not the retail buyer.
Monthly Cost Estimate
$417/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
4727 6TH AVENUE
Birmingham, AL 35224
WYLAM
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 4727 6TH AVENUE is listed at $78,000 ($54/sqft). The estimated monthly payment is $417 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1925, 0.13 acre lot, Fireplace.
This property is listed by Jeremy Galloway.
Jeremy Galloway
Agent at EXP Realty LLC
