Investorlift

Etowah County, AL

Etowah County, AL

Etowah County, AL

$42,000 · GADSDEN, AL 35904
Works for flippers · Works for landlords

Available

$42,000Asking price

2 bd · 1 ba · 840 sq ft · built 1935

GADSDEN, AL 35904

No contract on file

via InvestorLift Classic

1 view · listed Sep 23

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $110,000
Asking price: −$42,000
RepairsMiddle of the seller’s $25,000 – $35,000. Ours: $22,000 – $39,500: −$30,000
Loan, holding, closing20% down, 12% interest, 2 points, 72 days: −$6,027
Profit29.1% of ARV · flippers want 10%+: $31,973
Works

Works for a flipper up to $61,000.

JO&CO HOME BUYERS

Tristin Halterman

No reviews yet

Comps

Sales

Rents

ARV $110,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

JO&CO HOME BUYERS

Tristin Halterman

No reviews yet

Seller Description

2 bed, 1 bath

840 sq ft.

Year Built 1935

2023 Rheem 2-ton gas package unit. Heat and A/C both new, professionally installed, paid off at closing.

Quiet street, 5 min walk to Black Creek Walking Trail and 3 min walk to George W. Floyd Elementary

ARV: $110,000

REHAB: $35,000 ESTIMATED

Roof
Flooring
Cosmetic

COMPS:

13 Comnock Ave, Gadsden, AL 35904 - 98k
1216 Belle St, Gadsden, AL 35904 -143k (bigger lot)
6 Peachtree St, Gadsden, AL 35904 -99k (on sale, partial rehab)

LOCATION

Nice walkable area
Walking trails and park nearby
Two miles from downtown Gadsden
Quiet, established residential street

TERMS

$42,000, cash or hard money
As-is, where-is
Clear title to be delivered at closing. All existing equipment financing satisfied from seller's proceeds.
Closes November 23, 2026 or sooner
Seller occupies 30 days post-closing, secured by $4,000 escrow

Tristin Halterman 813-575-0056

More About This Property

Nearby Markets12 cities · 8 counties · 12 ZIP codes

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Figures from the seller unless a line says otherwise. Verify before you close.

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ARV $110,000

From the listing

The seller picked no comps. Investimate’s own value for this home is $12,000.

The sales behind this value are shown to members.

Investorlift
AL
Gadsden
35904
GADSDEN, AL 35904

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