🏡 Corner Lot 3BR in Montgomery – Ready for Cash Flow at $59,900!
Located on a spacious corner lot in a quiet Montgomery neighborhood, this 3-bedroom, 2-bath brick home offers 1,036 sq ft of living space with solid bones and strong rental potential. Built in 1950 and sitting on nearly 0.3 acres, this home is a perfect opportunity for investors looking for a light-rehab rental or a quick cash-flowing addition to their portfolio.
🌟 Property Highlights:
Price: $59,900
3 Beds / 2 Baths
1,036 Sq Ft on a .3-acre corner lot
Brick exterior on a slab foundation
New stainless steel gas stove
2015 Goodman HVAC system
Roof approx. 15 years old — no leaks
Outdoor storage off carport
Established neighborhood with nearby amenities and rental demand
🛠️ Repairs & Recommendations:
Rental-Ready Repairs:
Interior paint
Fix low water pressure in bathrooms
Subfloor repair under cracked hallway tile
Optional Flip Enhancements:
Modernize bathrooms
Touch-up finishes for added value
This property offers a strong ROI with light rehab work and is ideal for long-term investors or buy-and-hold landlords. With major systems in solid shape and the layout already functional, it’s a smart pick in today’s Montgomery market.
Comps/ARV:
Comp 1: 3631 Norman Bridge Rd sold for $88,000 @ $70/sqft and is a 3/1 1258 sqft on 7/11/2024
Comp 2: 3726 Cambridge Rd sold for $103,000 @ $68/sqft and is a 3/1 1524 sqft on 4/15/2025
Comp 3: 3639 Norman Bridge Rd sold for $78,500 @ $53/sqft and is a 3/1 1487 sqft on 12/26/2024
Comp 4: 3720 Cambridge Rd sold for $65,000 @ $48/sqft and is a 3/2 1345 sqft on 3/10/2025