🔥🔥Buy And Hold Or Flip This Duplex In Huntsville AL 🔥🔥

Madison County, Huntsville, AL, 35810
Sold
Listed at: February 14th, 2024
Price
$140,000
ARV
$270,000
Gross Margin
$130,000
Sq. Footage
2412
Type
Multifamily
Parking
Driveway
Year build
1980
Lot size
0.22 acres
Bedrooms
6
Bathrooms
2
Half Bathrooms
1
Summary

🔥This duplex can be an excellent🔥 cash flowing opportunity

 

Property Type: Duplex

ARV $260k-$270K

 

Property Overview:

  • Lot Size: 0.22 Acres
  • Built 1960
  • SQFT: 2,412
  • Bed: 3 (Unit A)
  • Bath: 1.5 (Unit A)
  • Bed: 3 (Unit B)
  • Bath: 1.5 (Unit B)
  • Rents For Each Unit $1200-1300

Add this duplex to your portfolio each unit has 3 bedrooms and 1.5 bathrooms which is very CONVENIENT to be able to cashflow more! This duplex is located in an area with mainly duplex/quadplexes.

Repair Overview:

Repair Estimate 50K-60K Depending on Exit Strategy

  • Unit A is vacant, will need cosmetic rehab and a bathroom updated
  • Unit B is tenant occupied will need minor cosmetic updates
  • Property will need a new HVAC
  • Both Units have seperate utilities

Call or Text Rodolfo if you are interested in scheduling a showing! 256-993-3038    Lock Box on Vacant Unit For Easy showing. Do Not  disturb tenant. Vacant at closing!

 

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Please Note: The below terms are NON-NEGOTIABLE. Bright Door Properties is a professional company that will enforce the below terms and conditions. If they do not work for you or your company, please do not make an offer on this deal and move on. $2,000 Non-Refundable EMD to be wired to our preferred title company/atty within 24 hours of signing the assignment/PSA. Buyer to pay all closing costs, seller to pay prorated taxes and transfer prorated rent/security deposit if applicable. All offers must be cash, hard money, or private money. Conventional financing is not preferred but will be accepted. Closing to be with Bright Door Properties’ Preferred Attorney Wholesalers / Agents are not to market this deal without Bright Door Properties’ permission. At this time we are not open to JV’ing this property Agents please add your commission ON TOP of our asking price. DISCLAIMER: This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving Bright Door Properties LLC. exclusive rights to purchase the property. Bright Door Properties LLC. 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.
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Rodolfo Serrano

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