🏚THIS IS A GREAT RENTAL OR FLIP 🔄

ARV:175-180k

ASKING: 75k 

Located in Bessemer AL, 35022 features this 3 bed 2 bath home with endless potential. This property sits on a nice .57 acre  lot with a pool and fenced in backyard. 🌊  This home is the only house on the street so it very nice and secluded for any future home buyer! The property is structurally in tact but will need a full rehab. The pool is not in working condition, so the most cost efficient approach is to fill in the pool for a bigger back yard.  Roof has been replaced 3 years agp. The property could also use a new HVAC system. If you were to get this rental ready, rents are reflecting anywhere of 1800-2000 a month in an updated condition. There is so much development going on in the area, so DO NOT MISS THIS OPPORTUNITY!

NO HOA

ARV- 175K-180K 💰 (Potentially More Since It Sits on a Half Acre Lot)

COMPS: 🏠 SOLD IN THE PAST 6 MONTHS WITHIN 1 MILE ⬇️

1109 26th Ave Bessemer AL - 179k (TURNKEY)

⬆️MOST COMPARABLE BY LOT SIZE AND IS TURNKEY. HAS ABOVE GROUND POOL!⬆️

1129 25th Ave Bessemer AL- 170k (Lightly Updated)

⬆️ LIGHTLY UPDATED and 600 SQ FT SMALLER! ⬆️

FIX AND FLIP: 🛠 like the comps above ⬆️

Rehab Cost: 70K - DEPENDING ON QUALITY OF MATERIAL

Fixtures

Kitchen and Bathroom Update

Floors

Paint

HVAC

Landscaping

Pool Maitainence

Debris Clearing

RENTAL READY: 💸

Rental Cost: 35k or less

Interior Paint

Cleaning

Kitchen and Bathroom update

Landscaping

Pool Maintainence

Floors

RENTS ARE REFLECTING ANYWHERE FROM $1600-2000/MONTH (Depending on Condition)

✅CHECKS OFF THE 1%  RENTAL RULE✅

CLOSING DATE: 09/15/2024 OR SOONER

The property is currently occupied and will vacant by closing. If you would like to see the house, please contact us directly to schedule an appointment.

THIS DEAL IS GOING TO SELL FAST. SUBMIT ANY INQUIRIES TO FURTHER DISCUSS!

Buyer is to cover all closing costs related to the transaction. Sight unseen offers are welcome and property tours are to be scheduled directly with us.

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. 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.