🏡 Montgomery Investor Special – 4BR/2BA for Value-Add
This 4-bedroom, 2-bath single-family home offers 1,724 sq ft of living space on a spacious 0.32-acre lot in Montgomery. Built in 1955, it has solid bones and several big-ticket updates already completed, making it a smart value-add project.
The roof (2019), HVAC (2016), and water heater (2023) are in good condition. The home mainly needs cosmetic updates, electrical upgrades, and foundation checks to maximize value.
With an estimated repair budget of $20K–$30K (rental vs flip grade finishes), this property is well-positioned for either a cash-flow rental or a profitable flip.
📌 Property Highlights
- 4 Bedrooms / 2 Bathrooms
- 1,724 Sq Ft | Built 1955 | Lot: 0.32 Acres
- Roof: Replaced in 2019 (great condition)
- HVAC: 2016 unit, needs reconnection
- Water Heater: Gas, installed 2023
- Electrical: Old knob fuse box (needs upgrade)
- Flooring: Replace with LPV
- Kitchen: Functional, but needs modern countertops & appliances
- Bathrooms: Master needs update
- Paint: Fresh coat throughout
- Extras: Added laundry room + storage building in back
🛠 Repairs Needed
- Electrical panel upgrade
- LPV flooring installation
- Kitchen & bathroom updates
- Fresh interior paint
- Foundation inspection/repairs if needed
- Estimated Repairs: $20K–$30K
💡 Investor Angle:
With strong rental demand in Montgomery, this property could be cash-flowing after light updates. For flippers, a full kitchen & bath remodel plus flooring/paint could deliver an attractive resale.
📲 Call Lanier at 334-201-0507 for details or a showing.
Comps/ARV:
Comp 1: 2018 Commodore St, sold for $135,000 @ $86/sqft and is a 3/2 1561 sqft on 8/29/2024
Comp 2: 2272 Country Club Dr sold for $218,800 @ $99/sqft and is a 3/1 2209 sqft on 4/15/2025
Comp 3: 1943 Bullard St sold for $90,000 @ $67/sqft and is a 2/1 1351 sqft on 2/25/2025
Comp 4: 2060 Gorgas St sold for $140,035 @ $73/sqft and is a 3/2 1912 sqft on 9/23/2024
Comp 5: 2257 Carter Hill Rd sold for $165,000 @ $105/sqft and is a 4/2 1682 sqft on 9/18/2024
