🏡 Charming 3-Bedroom Brick Home – Great Investment Opportunity!
This 3-bedroom, 1-bath brick home is a great opportunity for investors or homeowners looking for an affordable property with minor updates needed. Built in 1953, this 1,161 sq. ft. home sits on a 0.155-acre lot and features a spacious covered back patio—perfect for relaxing or entertaining.
Property Highlights:
âś… Brick on Slab Construction
âś… Roof: Good condition with no leaks (previous leak repaired, but ceiling stain remains).
âś… HVAC: Older 1999 Rheem unit, needs repairs but may still be functional.
âś… Flooring: Original hardwood throughout, carpet in one bedroom, linoleum in the kitchen.
âś… Kitchen: Spacious layout, newer cabinets, & stainless-steel stove!
âś… Bathroom: Original to the home but in good condition.
âś… Interior Paint: Needs a fresh coat for a modern touch.
âś… Outdoor Bonus: Large covered patio in the backyard.
Repairs:
✔ Minimal Rental Reno: $5K–$7K (Fix subfloors, replace kitchen flooring, repaint interior).
💥Strong Cash Flow Potential – Perfect for a rental or fix & flip!
💰 Selling As-Is – Cash or Conventional Only.
📞 Contact us today to schedule a showing or learn more!
Comps/ARV
Comp 1: 4056 Gatson Ave. Montgomery AL 36105 sold for $80,000 @ $85/sqft and is a 3/1 936 sqft on 5/25/2024Â
Comp 2: 711 Iris Ln. Montgomery AL 36105 sold for $69,900 @ $66/sqft and is a 3/2 1316 sqft on 11/08/2024 (flipped and currently for sale for 87K)
Comp 3: 4053 Rosa L Parks Montgomery AL 36105 sold for $70,000 @ $66/sqft and is a 3/1 1053 sqft on 5/15/2024