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About This Home
This 3-bedroom, 1-bathroom single family at 216 RED LANE ROAD in Birmingham, AL is listed for $101,900. Built in 1920, on a 0.44 acres lot.
3% Owner Financing Available for Qualified Purchasers! Amazing opportunity to acquire a turnkey, income-producing investment property with immediate cash flow in place. Tenant-occupied and generating $1,100 per month under an existing lease. Significant improvements have already been completed, including full electrical rewiring, fresh interior paint, updated flooring, and attic re-insulation, helping reduce future maintenance expenses.
Situated on a large lot in an area with consistent rental demand, this property offers strong investment fundamentals and long-term growth potential. Available for purchase individually or as part of a portfolio sale. Owner financing terms subject to seller approval and mutually agreed-upon terms.
Key Features
- Built in 1920
- 0.44 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$545/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
216 RED LANE ROAD
Birmingham, AL 35215
Roebuck
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 216 RED LANE ROAD is listed at $101,900. The estimated monthly payment is $442 based on 20% down at 6.5% interest.
Key features include: Built in 1920, 0.44 acre lot, Fireplace. Interior Features: Tub/Shower Combo. Exterior Features: Porch.
This property is listed by Chris Mallery and can be reached at 2058212751 or chrismalleryrealtor@gmail.com.
