514 1st St S Birmingham AL 35205 - 29 00 02 3 024 026.000

Description

Redemption rights expired 5/31/2026. This vacant 3 bedroom / 1 bath house is located in the Downtown area of Birmingham. Ideally located between North and South Trussville, within close proximity to I65 this 1,043 sq ft single family home would be a great starter home or ideal property for rehab to rent, fix to flip or short term rental. Driver Notes: Structural assessment reveals localized front-porch fire damage and foundation deficiency. Exterior envelope requires maintenance, including fascia/soffit repair and partial roof shingle replacement. The structure is secured with boarded windows and doors, and the siding is in fair-to-good condition, aside from some peeling paint. Neighborhood: Downtown Birmingham, AL, is a vibrant, walkable urban center featuring historic lofts, the Civil Rights District, Railroad Park, and the Uptown Entertainment District. Key sub-districts include the City Center, Five Points South, and The Switch, offering a mix of restaurants, nightlife, and arts, with residential options ranging from luxury lofts to high-rises. Estimated: ARV: $100K Rental: $1,160 Purchase price does NOT include closing costs. The law office which does our closings will issue a Settlement Statement which includes the closing costs (est. $1K) and any proration of current property taxes. Any pre closing property taxes will be paid by the Seller.