🏡 Investor Special in Prime Montgomery Location – Only $109,900!
Explore great potential with this classic single-family home at 2274 Carter Hill Rd, centrally located in Montgomery, AL. This charming property offers 3 bedrooms, 2 bathrooms, and 1,507 sq ft of living space on a generous 0.257-acre lot. Built in 1941, it features timeless original hardwood floors, a functional layout, and practical added spaces like a dedicated laundry room and rear storage building.
Ideal as a rental with minimal improvements or for a profitable flip with select renovations. A prime opportunity for investors looking to capture value and growth.
🌟 Property Highlights:
Price: $109,900
3 Bed / 2 Bath, 1,507 Sq Ft
Classic construction with original hardwood flooring and tiled bathrooms
Added laundry room and spacious backyard storage
Appliances: Newer white kitchen appliances
Location: Convenient and sought-after area near amenities and schools
🛠️ Repairs & Recommendations:
Rental (Minimal): Fresh interior paint for a clean, refreshed appearance.
Flip (Recommended Upgrades):
Interior paint throughout
Replace decking due to rot
Kitchen countertop upgrade (granite recommended)
Bathroom modernization for enhanced appeal
Foundation evaluation recommended due to visible cracks (preventative measure)
Additional notes:
Roof: Metal roof, no leaks detected; approximately 15-20 years old
HVAC: Older Rheem unit, compressor replaced within the last 5 years
📈 Investment Potential:
This property offers versatile investment strategies:
Immediate rental income with minimal improvements.
Opportunity for significant equity gains through thoughtful renovation.
Contact: Lanier @ 334-201-0507 with questions, offers, or to schedule a showing.
Comps/ARV:
Comp 1: 2272 Country Club Dr sold for $218,800 @ $99/sqft and is a 3/1 2209 sqft on 4/15/2025
Comp 2: 1943 Bullard St sold for $90,000 @ $67/sqft and is a 2/1 1351 sqft on 2/25/2025
Comp 3: 2060 Gorgas St sold for $140,035 @ $73/sqft and is a 3/2 1912 sqft on 9/23/2024
Comp 4: 2257 Carter Hill Rd sold for $165,000 @ $105/sqft and is a 4/2 1682 sqft on 9/18/2024
