(🔥South Eastlake, AL)🚨 3/2 SFH Fix and Flip with Detached Garage! 140k Spread!😱

Summary:

This 3-bedroom, 2-bath home with a bonus room is the perfect investment opportunity in South East Lake. The property needs significant updates, making it ideal for investors looking to add value. With an After Repair Value (ARV) of $170K-$190K, there's solid potential for a strong return on investment. Don't miss out on this chance to transform a fixer-upper into a profitable asset in a growing market!

Property Details/Condition:

• Bedroom: 3 (w/ a bonus room)
• Bathroom: 2
• Building Size: 1624 sqft
• Lot Size: .2 acres lot
• Rent: $1,400
• Occupancy: Vacant
• HVAC: Needs new HVAC
• Roof: Needs new roof

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Property Highlights:

• Potential to add 4th bedroom
• Huge Kitchen
• Many Flips in the area
• Detached Garage

Comps:

ARV: $180,000

• 7223 3rd Ave S, Birmingham, AL 35206
  
  • 3 Bed 2 Bath
  • 1482 sqft
  • Sold on 2024-07-10
  • Sale Price $170,000
• 6621 2nd Ave S, Birmingham, AL 35212
  
  • 3 Bed 2 Bath
  • 1450 sqft
  • Sold on 2024-06-24
  • Sale Price $212,000
• 7801 1st Ave S, Birmingham, AL 35206
  
  • 4 Bed 2 Bath
  • 2096 sqft
  • Sold on 2024-06-11
  • Sale Price $153,000

Call or Text Eric Today at 205-907-0631!