Details:

• 2bd/2.5ba with 1620 sqft
• Built in 1975
• Tenant Occupied
• Closing on or before 11/22/24
• Market Rent: $1,200.00
• Current Rent: $800.00
• Renovated!

ARV is $68,000 based on the following comps:

• 542 Winston Drive in Montgomery, AL, 36111 is a renovated 1620 SqFt, 2 Bed / 2.5 Bath that is pending sale for $65,500 ($40.43 per SqFt)
• 548 Winston Drive in Montgomery, AL, 36111 is a clean but outdated 1396 SqFt, 2 Bed / 2.5 Bath that sold for $43,000 on 1/16/2024 ($30.8 per SqFt)

Repairs:

 Roof: due diligence recommended but seller says in good shape

HVAC: 2017 – great condition

Flooring: carpet /LVP – great shape

Kitchen: Great shape – Updated

Bathroom: Good Shape – one fully updated / one partially updated

Windows: Aluminum – Good condition

Foundation: Slab – good condition

Other: Best looking condo in the complex! Fully updated Plumbing

To submit an offer or set up a viewing please contact Lanier at 3343198613 or email lanier@rapidfireinvestments.com

Our deals move fast! If you want this property today, we accept sight-unseen, no-contingency cash offers.

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

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