🏡 Incredible Investment Opportunity – 4BR Home in Montgomery!
💰 Only $54,900 – Cash or Conventional Only
Unlock huge potential with this brick-on-slab single-family home, perfectly sized at 1,215 sq ft with 4 bedrooms and 1.5 baths. Built in 1969 and conveniently located, this property offers excellent value as a rental or flip. With minor renovation, this could become a fantastic income-generating asset!
✨ Property Highlights:
✅ Spacious 4-Bedroom Layout
✅ Solid Brick Construction on Slab
✅ Tile Flooring in Great Condition Throughout
✅ Kitchen and Bathrooms in Good Shape
✅ Connected to City Utilities (Sewage, Water, Electric)
✅ Convenient Montgomery Location
🛠 Repairs:
🔧 Roof Replacement (No active leaks, but recommended)
🔧 HVAC Inspection/Repair (currently not working)
🔧 Fresh Interior Paint
Estimated renovation for rental-ready condition: around $15k.
Priced aggressively at just $54,900, this property is ready for the right investor to turn a great profit or secure a strong rental return!
Comps/ARV:
Comp 1: 2926 Vandy Dr Montgomery AL 36110 sold for $75,000 @ $52/sqft and is a 3/1 1440 sqft on 5/28/2024
Comp 2: 3080 Alta Rd. Montgomery AL 36110 sold for $50,000 @ $53/sqft and is a 3/1 950 sqft on 7/17/2024
Comp 3: 2937 Alta Rd. Montgomery AL 36110 sold for $99,000 @ $61/sqft and is a 3/1 1616 sqft on 12/10/2024
Comp 4: 2912 Alta Rd. Montgomery AL 36110 sold for $105,000 @ $76/sqft and is a 3/2 1376 sqft on 4/30/2024
Comp 5: 3709 Lower Wetumpka Rd. Montgomery AL 36110 sold for $65,000 @ $56/sqft and is a 3/1 1151 sqft on 3/5/2024