Bay Minette within the Gulf Coast area is a rapidly growing location due to its centrality among major surrounding markets.

This house needs some TLC. Even with a light & minor rehab, we are seeing that this house should sell for bare minimum $130,000 with an upside potential to $150,000.

A flipped house a couple lots away sold for $153,000 and is 400sqft smaller.

This could be your next lucrative project. Don't miss out.

Occupancy & Access: Vacant. Ask me for access.

Contact Me: Michael Chung | (770)-226-5512

1) Basic:

Bed/Bath: 3/1

SQFT: 1500

Year Built: 1946

Lot Size: .38 acre

Parking: Driveway

2) Numbers: 

Asking Price: $49,000

Buy It Now Price: $55,000

ARV: $150,000

Rehab Notes: Do your own due diligence.

3) Comps:

206 W Magnolia St: https://www.zillow.com/homedetails/206-W-Magnolia-St-Bay-Minette-AL-36507/111207640_zpid/

3/1/1215sqft/1979YB/.42acre

$150,000 | Sold Sep. 2022 - Mildly updated

501 Hall Avenue Bay: https://www.zillow.com/homedetails/501-Hall-Ave-Bay-Minette-AL-36507/72722484_zpid/

3/2/1836sqft/1930YB/.33acre

$135,000 | Sold May 2023 - Original Condition

410 Mango Street E: https://www.zillow.com/homedetails/410-E-Mango-St-Bay-Minette-AL-36507/72723564_zpid/

3/2/1066sqft/1970YB/.41acre

$153,000 | March 2023 - Fully Renovated

TERMS:

Close with our preferred attorney. Buyer pays all closing costs. Deal not final until EMD is received. All Inspections to be done prior to binding contract. Cash/Hard Money only.

DISCLAIMER:

This is an assignment of contract. A legally binding purchasing contract with memorandum has been signed with the Seller giving this company exclusive rights to purchase the property. Any attempts to renegotiate or make contact with the owner will result in legal action.