1150 SKYLAR TERRACE, Hoover, AL 35244

$529,900 Asking Price

3 beds
2 baths
2,177  sqft
Built in 2023

INVESTORS ONLY - Great opportunity for a long term investment in one of the most popular communities in Hoover. This recently new, one-level 3 bedroom 2 bath home currently has a rental tenant on a 3 year lease thru May of 2026. The tenant would like to stay in the home and continue to rental as long as possible. The current owner will only sell the home if and only if, the new owner agrees to continue to maintain the current rental agreement, and agree to offer the tenants to agree to extend the lease past May 2026. No showings allowed unless the buyer agrees to these terms. Tenant pays $3450/month + utilities. Average utilities (Electric, Gas, Water combined) are $450-$500/month. Current rent of $3750/month includes garbage, termite services, water, and sewer charges, electric, and gas incurred during occupancy. Tenant is responsible for cable, phone, internet, pest control, or any other non-essential utilities.

Features & Amenities

Interior

General:
Recess Lighting, Security System
Rooms:
Bedroom (ROOM), Kitchen (ROOM), Laundry (ROOM), Living/Dining (ROOM), Master Bath (ROOM), Master Bedroom (ROOM)
Kitchen:
Island, Pantry, Cooktop-Gas, Disposal, Dishwasher Built-In, Microwave Built-In, Oven-Gas, Refrigerator
Laundry:
Room, Washer Hookup
Flooring:
Hardwood, Tile Floor
A/C:
Central (COOL)
Heating:
Central (HEAT)
Fireplace:
Fireplaces: 0

Exterior

General:
Porch, Sprinkler System
Parking:
Attached, Driveway Parking

Construction

General:
Siding-Hardiplank, Stone (CONST), 1-Story, Slab

Location

HOA Amenities:
BBQ Area, Clubhouse, Sidewalks, Street Lights, Common Grounds Mntc, Garbage Collection, Management Fee, Recreation Facility, Utilities for Comm Areas, 1400.0, Yearly
County:
Jefferson

Lot

Zoning:
LOT 3264 KNOX SQUARE PH 2 MB 51 PG 89 TSP 19S R 3W SEC 33 NE 1/4, 39-00-33-1-000-001.066

Utilities

Water:
Public Water
Sewer:
Connected

This listing courtesy of:
Keller Williams Realty Hoover, Brandon Cobia

About Birmingham, AL

Housing

Number of Units
233,469
Median Home Value
$268,783
Median Rent
$792

42.91% of housing units are renter occupied.

10.98% are vacant.

Commute

Car
74.36%
Public Transportation
1.00%
Walk to Work
1.52%
Work from Home
22.16%
Other
0.75%

The median travel time to work is 20 minutes.

People

Population
496,244
Median Age
38.60
Median Household Size
2.52

Education

High School
20.47%
Associate’s Degree
7.48%
Bachelor’s Degree
26.85%
Graduate Degree
17.97%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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