315 B St

Alexander City, AL 35010

For Sale

$73,500

  • Property Type No data available
  • Beds [custom_acf field="number_of_bedrooms"]
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Interested in this home?Β 

🏑 Low Entry, High Upside – Alexander City 3BR Brick!

 

This vacant 3-bedroom, 1-bath brick home is a solid opportunity for investors looking for a light value-add rental or a clean starter flip. The property sits on a corner lot and has strong curb appeal, with a newer metal roof (less than 2 years old) already in place.

 

Inside, the home features a large kitchen and a straightforward layout. The current flooring is mostly linoleum, and the interior will benefit from fresh paint and updated flooring. The home is currently using window units and wall heaters, so adding central HVAC is optional depending on your rental strategy.

 

πŸ’₯Property Highlights:

3 Bedrooms / 1 Bathroom

1,075 Sq Ft | Built 1960

Brick on slab | Corner lot

New metal roof (<2 years old)

HVAC: Window units & wall heaters

Flooring: Linoleum – replace with LPV recommended

Kitchen: Large, functional space – add appliances for rental

Bathroom: Fair rental shape

Paint: Fresh coat needed inside

Paneling: Minor repairs to a few wall panels

 

πŸ“Repairs & Estimates:

πŸ”§ Rental-Ready: New floors, paint, replace damaged panels, add fridge & stove β€” $10K–$12K

πŸ”¨ Flip-Grade: Same as above + kitchen & bathroom modernization β€” $20K–$25K

 

⚑Investment Snapshot:

πŸ’° Price: $73,500
🏠 Estimated Rent: $1,000–$1,200/month
πŸ“Š All-In Rental Estimate: ~$87K with solid cash flow

 

This is a clean, easy-to-manage property in a stable rental market β€” perfect for landlords expanding in Alexander City or flippers looking for strong margins.

 

πŸ“ž Contact Lanier at 334-201-0507 to schedule a showing.

 

Comps/ARV:

πŸ“ˆ ARV: $145,000–$150,000

Comp 1:Β  40 Wheeler St sold for $207,500 @ $134/sqft and isΒ  a 3/2 1545 sqft on 6/16/2025Β 

Comp 2:Β  278 Valley Rd for $225,000 @ $134/sqft and isΒ  a 3/2 1677 sqft on 9/16/2025

Comp 3:Β  240 Windsor Dr sold for $154,000 @ $128/sqft and isΒ  a 3/1 1200 sqft on 8/9/2025

Comp 4:Β  617 11th Ave sold for $175,000 @ $140/sqft and isΒ  a 3/2 1252 sqft on 5/12/2025

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