🚨Sub To Deal - 5% Entry fee - Off Market!🚨

Jefferson County, Bessemer, AL, 35022
Sold
Listed at: February 2nd, 2024
Price
$15,000
ARV
$315,000
Gross Margin
$300,000
Sq. Footage
2500
Type
Single-Family
Parking
Garage
Year build
1984
Lot size
acres
Bedrooms
5
Bathrooms
4
Half Bathrooms
0
Summary

🛑Great Sub To Opportunity with a 4.875% Interest Rate🛑

Full Mother-in-Law Suite in the Basement

Mortgage Details:

Principal Amount Owed: $239,447.51

PITI: $1,653.44

Interest Rate: 4.875%

30 Year Fixed

✅Analysis:

LTR: $2,100-2,300

ARV: $315,000

✅Transaction Details:

Total Entry fee: 15k + closing costs

Total Purchase: $254,447.51

Arrears: None

💥💥Property Summary💥💥

💥Single Family

💥5 bedroom

💥4 full bathroom 🚽

💥2500 square feet

💥Year Built: 1997 🏠

💥Frame Construction

🛑🛑Investment Summary🛑🛑

Estimated Rehab: Light rehab.

Will be delivered vacant at COE.

🗣Check out these comps: 🗣

Sold Comps

1668 Bradford Ln, Bessemer, AL 35022- (3/2; Living Area: 1,973; Year: 2001) //Pending $310k; January 28th, 2024//. Condition: Good

1750 Moss Ross Dr, Bessemer, AL 35022- (3/2; Living Area: 2,102; Year: 2007) // SOLD $325k; October 12th, 2023 // Condition: Good

4334 Segars Cv, Bessemer, AL 35022 - (3/2; Living Area: 1,626; Year: 2005) // SOLD $276K; December 22nd, 2023 // Condition: Good

🗣Rehab Summary🗣

5 Point Notes:

Roof - 6 years old per owner. No leaks

HVAC - 15 years old per owner

Water Heater: 5 years old per owner

Electrical - Looks Good

Plumbing - Looks Good

Rehab

  • Exterior: None
  • Interior: Interior Paint, Trim, Carpet.

ACT TODAY AS GOOD DEALS DON'T WAIT!!!

☎️ Call Eric OR shoot him a 📱 text for more info on this killer deal!!!! 205-907-0631

You can click the WIN IT NOW button and avoid all the bidding and lock this one down right now.

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. We may or may not currently own the properties being marketed and may be marketing the equitable interest however great or small in the given properties. This company does not represent the owner. We are NOT brokers and do not represent ourselves as such. DO NOT CONTACT THE OWNER/SELLER without our explicit consent. Any attempts to renegotiate or make contact with the owner will result in legal action. We do not give the right to market this property without our written consent. Realtors give us a call.

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

Eric Schaefer

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Disposition manager