2050 Chappell St

Montgomery, AL 36108

Sold

$19,900

  • Property Type No data available
  • Beds [custom_acf field="number_of_bedrooms"]
  • Baths [custom_acf field="number_of_bathrooms"]
  • Sq Ft [custom_acf field="area_in_square_feet"]

Interested in this home? 

🏡 Start Small, Cash Big – $19,900 Investor Special

 

This single-family home in Montgomery is a compact and affordable investment opportunity. With 740 sq ft on a .09-acre lot, this property has already seen updates to flooring and kitchen cabinets, and only needs light repairs to become rent-ready.

 

The home features a 2-bedrooms, 1-bathroom layout with newer kitchen cabinets, renovated LPV flooring (with one room needing completion), and a bathroom in good shape. The roof is 13 years old and leak-free. It’s set up for central HVAC, but the unit has been stolen.

 

With an estimated $10K in repairs, this property can be turned into a cash-flowing rental. Perfect for landlords seeking high-yield entry-level deals.

 

📌 Property Highlights

2 Bedroom / 1 Bathroom

740 Sq Ft | Built 1950 | Lot: .09 Acres

Price: $19,900

Roof: 13 yrs old, no leaks

Flooring: LPV (needs finishing in one room)

Kitchen: Newer cabinets, no appliances

Bathroom: Good condition, needs new toilet

Other: Needs ceiling fans/light fixtures

Systems: Central HVAC setup in place, but unit missing

 

🛠 Repairs (Est. $10K)

Install HVAC

Finish flooring

Replace water heater

Add ceiling fans/light fixtures

Install new toilet

 

📈 Investment Potential

ARV: $37K–$40K

Repair Estimate: ~$10K

All-In: ~$35K

 

Great for rental cash flow or affordable resale.

 

📲 Call/text Lanier at 334-201-0507 for details.

 

Comps/ARV:

Comp 1:  1134 Oak St sold for $55,000 @ $61/sqft and is a 3/1 900 sqft on 7/15/2025

Comp 2:   2134 Early St sold for $70,000 @ $52/sqft and is a 3/1 1350 sqft on 6/28/2024

Comp 3:  2252 Ajax St  sold for $46,662 @ $37/sqft and is a 3/1 1151 sqft on 9/18/2024

Comp 4:  2126 Stella sold for $85,000 @ $55/sqft and is a 3/1 1537 sqft on 7/22/2024 

Comp 5:  845 Murray St  sold for $37,500 @ $45/sqft and is a 2/1 828 sqft on 9/16/2022 

Location

Affordability Calculator

Calculate your monthly mortgage payments
Your est.payment is: /month
%
%
/Month
  • Principal & Interest
  • Property Taxes
  • Home Insurance
© 2023 HQH Properties, All Rights Reserved.
Submit an Offer