c.1960 Alabama Handyman Special For Sale $29K

$29,000

Generating an estimated $1,000 to $1,200 per month in market rent, this Alabama handyman special is a cash-flow engine waiting to happen. Boasting a rock-solid foundation, a functional floor plan, and a detached 2-car garage, it’s the perfect canvas for a value-add strategy that maximizes your returns.

Realtor Comments

Investor Opportunity in Birmingham! This 3-bedroom, 1-bath home has 1,085 sqft of potential in an established Birmingham neighborhood. The home retains its original roof and HVAC system, providing an opportunity for future improvements. Recent comparable sales in similar condition have closed between $34,500 and $40,000, highlighting the property’s potential. Conveniently located near schools, shopping, dining, and major roadways. Sold As-Is. Buyer to verify all information deemed important.

3bd
1ba
1,085sqft
6,534sqft lot
Circa 1960

More Alabama Properties

2425 Lawn Ave SW, Birmingham, AL 35211

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended.

Contact Realtor: beycome.com

Google Maps

Niche

Pros

Big-city amenities without big-city prices (sometimes). Birmingham can feel like a “major metro” with shopping, restaurants, concerts, and events, while still often being cheaper than many larger coastal metros.
Strong job/industry base in the metro area. The Birmingham-Hoover area has a fairly diverse economy (healthcare, government, education, professional services, etc.).
Seasonal life outdoors (when it’s not extreme). You get four seasons, plus plenty of parks and a lot of sports/community activity.
Lower sales friction than some places (but not “no tax”). Alabama’s state sales tax combines with local rates; Birmingham’s combined sales tax is around 10% (varies by exact location).

Cons

Crime can be a real concern depending on the neighborhood. Multiple public data aggregators show Birmingham having higher crime rates than national averages, so location matters a lot.
Weather risk (heat + tornado risk). Birmingham is in the region that deals with severe weather, including tornadoes and damaging storms; the city also publishes preparedness guidance for extreme wind/tornado events.
Very hot/humid summers. Even if you like the outdoors, summer can be brutal—plan around heat and humidity.
Tax/sales tax is not low. Even if other costs are reasonable, a ~10% combined sales tax can add up.