1402 17Th StBirmingham, AL 35205

Property Details for 1402 17Th St

Year built

1920

Lot size

0.25 AC

Property size (Sq ft)

2,448 SF

Zone code

R3

Property type

Land

Property subtype

Commercial land

APN

22-00-26-4-023-011.000

APU

2200264023011000

Description

This exceptional investment opportunity presents a portfolio of five fully registered short-term rental single-family homes in Birmingham, Alabama. Each property holds a current STR certificate, ensuring compliance and a smooth transition for new ownership. The portfolio boasts a total of 1,200 to 2,010 square feet across the five units, each with two parking spaces. Renovated in 2020, these homes are strategically located in Birmingham's top-performing short-term rental neighborhoods, maximizing occupancy and rental demand. The portfolio generated a total trailing twelve-month (TTM) gross revenue of $123,050 (ending October 2024), demonstrating a proven track record of income generation. Individual property revenue varied, with one property showing lower income due to vacancy during part of the year. This presents an immediate cash flow opportunity with significant upside potential through increased occupancy or operational enhancements. The portfolio is offered as a package, but individual property sales may be considered. This turnkey operation minimizes operational risk, with vacancy already factored into revenue projections. The properties are well-maintained and designed for consistent income generation, making this an ideal investment for those seeking a stable and scalable short-term rental portfolio in a thriving market. The properties are located in Jefferson County, Alabama, with addresses including 8201 4th Ave S, 1402 17th St S, 812 4th St W, 456 86th St S, and 2085 21st Ave S, zip code 35205.

Location Insight

City

Birmingham

County

Jefferson

State

Alabama

Latitude

33.5282

Longitude

-86.821

CBSA code

13820

CBSA name

BIRMINGHAM-HOOVER, AL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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