Summary
π (Centerpoint, AL) Full Rehab Fix and Flip! ARV 200k!π
ARV: $200K
Perfect For:
π Fix/Flip
(Purchase Price) $40K + (Rehab) $90k = (Total Investment) $130k
(ARV) $200k - (Total Investment) $130k = (Gross Profit) $70k
ARV Comps:
424 16th Ct NW, Birmingham, AL 35215 - SOLD $190,000
(Flipped 2 bedroom)
1509 7th Way NW, Birmingham, AL 35215 - SOLD $205k
(Rental Rehab)
πͺ Buy and Hold
(Purchase Price) $40K + (Rental Rehab) $70k = (Total Investment) $110k
(Current Rent Rate) $1300 - $1400mo
Rental Comps:
633 16th Ave NW, Birmingham, AL 35215 - Rent $1395/mo
(House)
1624 6th Way NW, Birmingham, AL 35215 - Rent $1375/mo
(House)
Property Overview:
π 3 Bedrooms
π 2 Bathroom
π 1668 sqft of potential
π Built in 1968
Property Details:
π§±Exterior: Siding
β¨π Roof: Needs to be replaced
π₯΅HVAC: Needs to be replaced
π¦Hot Water Heater: Needs to be replaced
πͺ Utilities: In good shape
Additional Insights:
π Area: Many flips pending
π§ Attention Required: Needs full rehab
π Vacancy: Will be delivered vacant
PLEASE CALL TO SCHEDULE SHOWINGS
205-907-0631
TENTATIVE CLOSE DATE ON OR BEFORE 08/25/2024
Street View
Location
current deal
comparables
available
sold
#2
$123k
$99k
| Bedrooms | |
| Bathrooms | |
| Sq. footage |
Deals nearby
Available
Sold