Details:

• 3bd/1ba with 1026 sqft
• Built 1940
• Owner Occupied
• Closing on or before 11/18/24
• Market Rent: $850.00
• Current Rent: N/A
• Comes with a Seller wanting to rent & pay $650 per month

ARV is $65,000 based on the following comps:

• 501 Glenmore Road in Montgomery, AL, 36107 is a renovated 1259 SqFt, 3 Bed / 1 Bath that sold for $75,000 on 3/25/2024 ($59.57 per SqFt)
• 2048 Winona Avenue in Montgomery, AL, 36107 is a as is, not renovated 1206 SqFt, 2 Bed / 1 Bath that is pending sale for $67,500 ($55.97 per SqFt)
• 1728 Winona Avenue in Montgomery, AL, 36107 is a renovated 1073 SqFt, 2 Bed / 1 Bath that sold for $113,000 on 7/12/2024 ($105.31 per SqFt)

Repairs:

 Roof: 10yrs – good condition

HVAC: No HVAC, ductwork present.

Flooring: carpet / tile – replace carpet

Kitchen: needs small work

Bathroom: reglaze and paint

Windows: wood – a couple need some work

Foundation: Cinder block style – good condition

Other: To remain occupied 6 months after closing @ $650 p/m

Our deals move fast! If you want to purchase this property today, we  accept sight-unseen, no-contingency cash offers.  Call 334-319-8613.

$2,500 earnest money deposit required for all buyers.

Realtors, add your fee (whatever you like) and bring us a buyer!