$90,000 · MONTGOMERY, AL 36106
Works for flippers · Works for landlords

Available

$90,000Asking price

3 bd · 2 ba · 1,448 sq ft · built 1940

MONTGOMERY, AL 36106

No contract on file

via InvestorLift Classic

Listed Oct 27

Works for flippers

Works for landlords

The Numbers

Flip

Rental

Sells for (ARV)From the listing: $200,000
Asking price: −$90,000
RepairsMiddle of the seller’s $15,000 – $25,000. Ours: $19,000 – $39,500: −$20,000
Loan, holding, closing20% down, 12% interest, 2 points, 68 days: −$11,750
Profit39.1% of ARV · flippers want 10%+: $78,250
Works

Works for a flipper up to $144,000.

ROARK ACQUISITIONS LLC

Yan

No reviews yet

Comps

Sales

Rents

ARV $200,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ARV $200,000

From the listing

The seller picked no comps.

The sales behind this value are shown to members.

ROARK ACQUISITIONS LLC

Yan

No reviews yet

Seller Description

1125 Belmont St, Montgomery, AL 36106

ASKING: $90,000 — includes assignment feeESTIMATED ARV: $200,000ESTIMATED REHAB: Approximately $60,000, including contingency

PROPERTY DETAILS• 3 bedrooms / 2 bathrooms• Approximately 1,448 sq ft• 7,500 sq ft lot — approximately 0.17 acre• Built in 1940• Single-family home

Montgomery renovation opportunity with hardwood floors, built-ins, a fireplace and classic cottage character. The existing features provide a starting point for an updated resale while preserving the home’s charm.

The anticipated renovation includes kitchen and bathroom updates, interior preparation and painting, floor refinishing, fixture updates, and exterior repairs and cleanup. Several existing finishes appear suitable for restoration, subject to inspection.

The approximately $60,000 renovation estimate assumes the roof and major mechanical systems are serviceable. Roof or HVAC replacement would be additional if needed. The $200,000 ARV assumes a completed renovation and is an estimate.

Available through an assignment of contract, with the property sold as-is. Asking price includes the assignment fee; buyer closing costs are additional.