3713 1st Ave

Tuscaloosa, AL 35405
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3 bd, 1 ba | 1,115 sqft | Built in 1956

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List Price
$145,000

Initial Investment

$39,513

Purchase Price

$145,000

Down Payment

25%

Rent

$1,230

Total Return

$59,017

Annualized Return

21.8%

Cap Rate

7.6%

Gross Yield

10.2%

Cash Flow

$2,458

Appreciation

5.7%
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Features

Lot Size

11,302

HOA

None

Flood Risk

Not Required

This beautifully remodeled home offers a modern & comfortable living experience. Revel in the abundance of natural light streaming through the NEW windows enhancing the airy atmosphere. The entire home has been thoughtfully adorned with NEW paint, exuding a welcoming ambiance. Step into the bathroom, featuring NEW tile flooring & a stylishly tiled bath surround, complemented by a NEW vanity and toilet. The living room, kitchen, dining & flex room showcase NEW laminate floors, seamlessly connecting the living spaces. The kitchen features NEW granite counters, NEW tile backsplash & NEW appliances. NEW carpeting in the bedrooms provides a cozy retreat. Upgrades also include a NEW HVAC & water heater. This home is a true gem offering a harmonious blend of comfort, style & functionality.

See more in Analysis
John Randall
Keller Williams Realty, Tuscaloosa Realty Partners LLC
AL Agent License #000093705
Annual Financial Highlights

Expected Rent

$14,022

Expenses

-$2,801

Property Taxes

-$880

Loan Payments

-$7,883

Net Cash Flow

$2,458

See more in Financials

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
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  • Your offer can have an inspection contingency, which allows you to obtain a home inspection in order to review the property's condition.
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Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Laura Leigh Thompson
ADVANTAGE REALTY
Certified Agent Brokerage:John Randall
Keller Williams Realty, Tuscaloosa Realty Partners LLC
AL Brokerage License 107531-0
SourceWest Alabama MLS
MLS #157074
Last Updated: 05/26/2023 00:05
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