Excellent investment opportunity in Florence, AL! This 2-bedroom, 3-bathroom single-family home offers 1,830 square feet of living space on a spacious 0.65-acre lot. Built in 1965, the property features carport parking and significant value-add potential. Priced at just $109,000 with a projected ARV of $230,000, investors have a potential $121,000 gross spread before renovation and holding costs. With a roof replacement needed and an AC system dating to 2014, this property presents an attractive fix-and-flip or buy-and-hold opportunity in the Florence market.
Notes:
Roof needs replacement.
AC installed in 2014.
Carport garage.
Property will be vacant at close of escrow.
Access via lockbox.
Close of Escrow: November 24, 2026.
Title Company: Parmer Law.
Potential $121,000 gross spread before expenses.
Comparable Sales:
ARV: $230,000.
Individual comparable sales not provided.
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ARV $230,000
From the listing
The seller picked no comps. Investimate’s own value for this home is $246,000.
