Invest in Prime South Titusville: A Value-Add Opportunity Near Homewood at 1702 1st Pl S!
Discover This 3-Bed, 1-Bath Home with Significant “Forced Appreciation” Potential. Unlock Higher Rents and Equity in One of Birmingham’s Most Sought-After Locations. Sale Price: $150,000.
At Birmingham Real Property Development Inc., we empower our clients to “Earn passive income, one house at a time.” Sometimes, the smartest investments are not just about today’s rent, but about tomorrow’s potential. Welcome to 1702 1st Pl S, Birmingham, AL.
This isn’t just a rental property; it’s a strategic acquisition in a prime location. Situated in a quiet part of South Titusville, just blocks from Green Springs Highway and moments from Homewood and Southside, this property offers unbeatable access at a fraction of the cost.
For the savvy investor, this home represents a rare “value-add” opportunity. With a solid foundation and a desirable address, you have the power to significantly increase its value and rental income, building substantial equity in a high-demand area.
Solid Foundation, Unbeatable Location
Tenant-Attractive Core Features:
- Ideal Layout: 3 Bedrooms, 1 Bathroom across a functional 1,350 sq ft floor plan.
- Classic Charm: Beautiful hardwood flooring throughout adds timeless appeal.
- Updated Essentials: Features an upgraded kitchen and bathroom, ready for tenants.
- Practical Amenities: Includes a driveway for off-street parking and a fenced yard.
- Built to Last: Solid wood construction from 1955.
The Premier Investment Angle: Value-Add Potential
- Forced Appreciation Opportunity: The absence of central HVAC presents a clear opportunity for an investor to install a modern, efficient system. This single upgrade can dramatically increase the property’s market value and command a significantly higher rental income.
- Location, Location, Location: Nestled in South Titusville near the Homewood/Southside border, offering access to premier dining, shopping, and employment hubs.
- Walkable Community: Located within walking distance of the local elementary school, a major draw for families.
Why This Property Works:
- Immediate Income Potential: With an established rental income of $800/month.
- Strategic Location: Access to Birmingham’s amenities, employment centers, and transport links.
- Long-Term Growth: Positioned to benefit from Birmingham’s ongoing market appreciation.
A Two-Step Path to Higher ROI
This is an investment with a built-in growth strategy. Here’s the clear, two-step path to maximizing your returns:
Step 1: Acquire & Earn Now
- Attractive Acquisition Price: $150,000
- Current Monthly Rental Income: $780
- Current Annual Gross Income: $9,360
- Solid Starting Gross Yield: ~6.24%
Step 2: Upgrade & Increase Your Return (The Value-Add)
- Force Appreciation: By investing in an HVAC system, you immediately increase the property’s capital value.
- Unlock Higher Rents: A climate-controlled 3-bedroom home in this location can command a premium rent (potentially $950 – $1,100/month or more).
- Boost Your Yield: Increasing rent to just $950/month would elevate your gross yield to 7.6%, with further potential beyond that!
- Secure Quality, Long-Term Tenants: Top-tier amenities attract top-tier tenants, reducing turnover and costs.
“This vetted investment allows you to step into a desirable market at an excellent price, then strategically enhance its value to unlock a new level of passive income and equity. This is how smart investors get ahead.”
Ready to Build Real Wealth in One of Birmingham's Hottest Locations?
This South Titusville property at 1702 1st Pl S isn’t just a home; it’s a project with a clear path to profitability. Seize the opportunity to force appreciation and create a high-performing asset in your portfolio.
Still Have Questions? We’re here to help. Call us at +1 404-545-9355 or birminghamrealpropertyinc@gmail.com.
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