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5541 Ct P, Birmingham, AL 35208

$35,000
: 2
BD
: 1
BA
: 1,035
SqFt

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Sold Price: $35,000
List Price: $40,000
Status: CLOSED
MLS#: 21453103
Closing Date: May 28, 2026
Year Built: 1940
Bedrooms: 2
Full-baths: 1
Region: 290
Subdivision: Central Park

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Property Description

This income-producing investment opportunity was previously rented through Section 8 at $1,000/month, with a $993 housing authority subsidy, offering strong cash flow potential at a $40,000 price point. This 2-bedroom, 1-bath home offers 1,035 square feet, a screened front porch, detached 1-car garage, private alley access, and off-street parking. The property will need repairs and updates before Section 8 re-approval, creating a strong value-add opportunity for investors looking to improve returns and long-term performance. Detached garage adds additional tenant appeal with storage, parking, or workshop flexibility. Conveniently located near major roads, shopping, schools, and everyday essentials in an established rental area. Whether expanding your portfolio or looking for your next project, this property offers proven rental history and strong upside.

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Additional Information

Acres: 0.15
Basement: Crawl Space
Fireplaces: 1
Heating: Central, Electric
Cooling: Central Air, Electric
Garage Spaces: 1
Sewer: Sewer
Elementary School: Central Park
Middle School: Green Acres
High School: Jackson-Olin