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3 Beds
2 Baths
996 sqft

$130,000

1617 1ST STREET NE, CENTER POINT AL, 35215

Price per sqft$130.52
Built in1961
Property size996 sqft
Property typeResidential

Overview

Active

Listed May 31, 2026

Updated 3 weeks ago

Turnkey investment opportunity in Center Point with immediate cash flow. This spacious 4-bedroom, 1.5-bath home is currently tenant-occupied at $1,195/month, offering stable income from day one. Much larger than it appears, the home features a functional layout with main-level living including multiple bedrooms, living room, dining area, and kitchen, plus a finished basement with additional living space, bedroom, and half bath. The property also includes a fenced backyard, deck, and patio, providing added tenant appeal. Located in an established neighborhood, this property presents a strong opportunity for investors seeking a performing asset with future rental upside. Current rent is slightly below market, offering potential for increased returns over time. Tenant in place Cash-flowing asset Value-add potential through rent growth Perfect for investors looking to expand their portfolio with a stabilized property and built-in upside.

$865/mo

Est. mortgage payment based on a $130,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
21454651

Interior Features

Bedrooms
3
Bathrooms
2
Fireplace
Yes
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.28 Acres

Listed by Keller Williams Realty Vestavia,Heidi Calamusa  

All information deemed reliable but not guaranteed and should be independently verified. The properties displayed are provided courtesy of the Real Estate Brokers participating in the Greater Alabama MLS. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor The Stacey Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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