🏡 Brick Ranch in Montgomery

Montgomery County, Montgomery, AL, 36109
Sold
Listed at: November 21st, 2023
Price
$80,000
ARV
$120,000
Gross Margin
$40,000
Sq. Footage
1100
Type
Single-Family
Parking
Driveway
Year build
1970
Lot size
0.24 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
0
Summary

Well-Kept Brick Ranch in Montgomery.

Needs cosmetic updates.

Landlords get over 1% rule after repairs.


Occupancy: Vacant

Access: Appointment. Contact me

Contact Michael:

Michael@divesticventures.com | (770)-226-5512


1) Basic:

Bed/Bath: 3/2

SQFT: 1100

Year Built: 1970

Parking: Driveway

Lot size: .24 acres


2) Numbers:

Asking Price: $80,000

Buy Now Price: $85,000

Market Rent: $1100 - $1200/mo

ARV: $120,000


3) ARV Comps:

452 Pecan Tree Dr:

3/2/1100sqft/1971YB

$117,000 | Dec 2022 (Original Condition)

456 Pecan Tree Dr:

3/2/1088sqft/1971YB

$108,000 | Sep 2023 (Original)

528 Lawndale Ln:

3/2/1350sqft/1971YB

$139,900 | Pending

TERMS:

Close with our preferred attorney. Buyer pays all closing costs. Deal not final until EMD is received. All Inspections to be done prior to binding contract. Cash/Hard Money only.

DISCLAIMER:

This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. Any attempts to renegotiate or make contact with the owner will result in legal action.

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Michael Chung

No reviews

Disposition manager