Smoking hot flip or rental opportunity in Mobile County! Only short commute from $2.5 Billion Novelis aluminum mill that's been built in nearby (intersection of highway 287 and I-65 in Baldwin County) that'll bring in over 1000 jobs!
Needs $25-35K depending on your scope of work. Last sold in 2017 for $98K. Rehabbed homes in this area of same size yield on average $1500 per month in rent!
Meets the 1% rule.
Vacant with lockbox on the property. Message or call the Dispo Manager to get the code.
This is a versatile deal to rehab and sell, rent as is, or rehab and rent! One of the most sustainably lucrative real estate regions in the country to invest in!
Has a slight foundation issue. Attached under documents is a repair estimate showing the cost to repair is approximately $3k.
Off Market Deeply DISCOUNTED
• 3 Bedrooms
• 2 Bath
• 1631 Sq-Ft
• .47 Acres
� ASKING PRICE: $87k (ONLY $53/sqft)
� REHAB: $25-35k
� ARV: $175K-190K depending on scope of rehab
� Rambler with Detached Garage on a Big Lot!
**Walkthroughs available by appointment**
Before Repair Comps Nearby:
• 515 McBride Cir N Axis 36505: SOLD $195/ PPSF $113 5/22- 0.22 mi away
• 553 Doretta Dr Axis 36505: SOLD $142k/ PPSF: $119 5/22- 0.6 mi away
• 11120 Johns Dr 36505: SOLD $113k 7/22- 0.5 mi away (Investor paid $93 PPSF)
Bedrooms | |
Bathrooms | |
Sq. footage |