216 Red Lane Rd, Birmingham, AL 35215

$92,000
3
BD
1
BA
988
SqFt
Sold Price
$92,000
List Price
$101,900
Status
CLOSED
MLS#
21450727
Closing Date
Jul 06, 2026
Year Built
1920
Bedrooms
3
Full-baths
1
Region
130
Subdivision
Roebuck

Property Description

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.

Additional Information

Acres
0.44
Basement
Crawl Space
Heating
Heat Pump
Cooling
Central Air
Sewer
Sewer
Elementary School
Martha Gaskins
Middle School
Smith
High School
Huffman

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Metro South. Selling Office: Birmingham Non-Member Office.