SUBJECT-TO-PURCHASE, Walk into EQUITY.💰

Elmore County, Tallassee, AL, 36078
Sold
Listed at: February 21st, 2024
Price
$31,000
ARV
$280,000
Gross Margin
$249,000
Sq. Footage
2282
Type
Single-Family
Parking
Attached Garage
Year build
1971
Lot size
0 acres
Bedrooms
3
Bathrooms
3
Half Bathrooms
0
Summary

SUBJECT-TO-PURCHASE, EASY HANDOFF FOR A BUY-AND-HOLD INVESTOR

  1. PP: $199,000
  2. Repairs: 5k - 15k
  3. ARV: 280k - 330k 
  4. Down Payment/Entry: $29,000
  5. No arrears
  6. Subject to purchase, no balloon, 4.9% interest
  7. Mortgage balance: 169,000
  8. Exit: light rehab, rent, cash flow. Delivered vacant. RENT 1,550 - 1,950 PER MONTH
  9. PITI: $960 
  10. Property is going to need a deep clean up. 

 

  • 3 Beds, 2.5 Baths
  • Spacious 2,030 Sq Ft Single-family dwelling
  • Built in 1971 on a generous 1.96-acre lot
  • Medium rehab needed to bring out its full potential
  • Perfect for a family once renovated and cleaned up
  • Great bones, just needs a lipstick rehab to shine
  • Delivered vacant

This property offers a fantastic opportunity for those looking to create their dream home in a lovely neighborhood. With some TLC, this house can be transformed into a comfortable and welcoming space for your family. Don't miss the chance to turn this property into your dream home!

 

SUBMIT YOUR HIGHEST AND BEST ALONG WITH PROOF OF FUNDS VIA INVESTORLIFT OR TEXT ME YOUR FULL NAME, COMPANY NAME, PREFERRED EMAIL, AND OFFER PRICE. LETS MAKE THIS YOUR NEXT FIX AND FLIP PROJECT.

 

We understand you have not physically seen the property yet and your offer is dependent upon the condition. Due to the high interest in our assignment-of-contracts, we can't always guarantee everyone will be able to visit the property. We can only invite a small number of folks. That's why it's extremely important for you to submit a preliminary offer you expect to make that is your highest and best. After you visit the property in person, you can submit another offer. What is your highest and best offer at this time?

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

24 Home Buyer

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