1617 1st Street, Center Point, AL 35215

$130,000
3
BD
2
BA
996
SqFt

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List Price
$130,000
Status
ACTIVE
MLS#
21454651
Year Built
1961
Bedrooms
3
Full-baths
1
Half-baths
1
Region
CenterPt, Grayson Valley, Huffman, Roebuck
Subdivision
Stardust Manor

Property Description

Turnkey investment opportunity in Center Point with immediate cash flow. This spacious 4-bedroom, 1.5-bath home is currently tenant-occupied at $1,195/month, offering stable income from day one. Much larger than it appears, the home features a functional layout with main-level living including multiple bedrooms, living room, dining area, and kitchen, plus a finished basement with additional living space, bedroom, and half bath. The property also includes a fenced backyard, deck, and patio, providing added tenant appeal. Located in an established neighborhood, this property presents a strong opportunity for investors seeking a performing asset with future rental upside. Current rent is slightly below market, offering potential for increased returns over time. Tenant in place Cash-flowing asset Value-add potential through rent growth Perfect for investors looking to expand their portfolio with a stabilized property and built-in upside.

Additional Information

Acres
0.28
Interior
None
Floors
Carpet, Hardwood, Tile Floor
Laundry
Laundry (BSMT)
Basement
Full Basement
Fireplaces
1
Fireplace Desc
Stone (FIREPL)
Heating
Central (HEAT)
Cooling
Central (COOL)
Exterior
Fenced Yard, Storage Building
Foundation
Basement
Construction
Concrete/Block, Siding-Wood
Elementary School
Center Point
Middle School
Erwin
High School
Center Point

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Calculator source: Real Geeks

Courtesy of Heidi Calamusa with Keller Williams Realty Vestavia