📜 SUBJECT TO ASSIGNMENT OPPORTUNITY

PROPERTY BEING ASSIGNED AS-IS

171 Alabaster Dr, Winfield, Alabama, 35594

💼 Investment Opportunity:

This is a rare chance to acquire a nearly new, turnkey single-family home via a subject-to assignment. No repairs needed! Ideal for a buy-and-hold investor seeking a strategic co-living setup for maximized rental income and future appreciation.

Assignment Terms

• 💰 Cash to Close: $15,000 + Closing Costs

• Remaining Principal Balance: $164,112.06

• Origination Date: 7/4/2023 (30 year fixed mortgage)

• Interest Rate: 5.9%

Monthly Mortgage Details

• Principal: $156.70

• Interest: $784.20

• Escrow (Taxes & Insurance): $296.40

• Total Monthly Payment: $1,237.30

Property Details

• 📏 Size: 1,430 sqft

• 🏠 Type: Single Family Home

• 🏗 Year Built: 2006

• 🌳 Lot Size: 74,052 sqft

• 🛏 Bedrooms: 3

• 🛁 Bathrooms: 2

• 🚗 Garage: Huge covered brick carport connected to the wrap-around driveway to the back, providing multiple parking spaces.

• Additional Structures: 2 detached storage sheds.

Recent Upgrades

• 🧱 New Sheetrock throughout the property.

• 🏡 Granite Countertops in the kitchen.

• 🛁 New Tile in bathrooms.

• Newer Appliances installed.

• ❄️ Central Air is in great condition.

• 🔥 New Hot Water Tank installed.

• 🌡 Newer Electric Heating and Cooling System.

• Roof Condition: In good shape, with significant life left—no repairs or replacement needed.

Investment Highlights

• No Repairs Needed: Property is in excellent condition, offering peace of mind for investors.

• Prime Location: Close to schools, shopping centers, and major highways, making it highly attractive for long-term tenants.

📞 CALL MARCUS FOR MORE INFO: 205-382-8065

⚠️ Important Disclosure:

This is a subject-to assignment transaction. We are assigning our equitable interest in the property, not the property itself. The buyer will take over the existing mortgage under the original terms. The seller does not represent the property owner and is not acting as a real estate broker. This marketing is being conducted in compliance with Texas law. Do not contact the property owner directly. 🚫 Unauthorized contact will result in legal action.