🏡 Investor Special: 3BR/1BA Under $20K

Attention investors — here’s your next budget-friendly rehab opportunity in Alexander City! This 3-bedroom, 1-bath single-family home sits on a large 0.36-acre lot with a brick façade front, vinyl siding, and solid structure on piers.

With a full renovation, this property could shine as a cash-flowing rental or affordable resale. At under $20K purchase, the numbers make sense for investors ready to take on a project with big upside.

🌟 Property Highlights

3 Bedrooms / 1 Bathroom

1,025 Sq Ft | Built 1970 | Lot Size: 0.36 Acres

Brick façade front with vinyl siding

Roof: Needs replacement (active leak)

Flooring: Needs full replacement

HVAC: Not present

Kitchen & Bath: Full remodel needed

Interior Paint: Full repaint required

🛠 Recommended Repairs

Replace roof & install new HVAC

Replace flooring throughout

Remodel kitchen & bath

New paint, fixtures, and water heater

Estimated Repairs:

Rental: $30K–$35K

Flip: $45K–$50K (higher-end finishes)

📈 Investment Potential

All-In Estimate (Rental): ~$55K

Rental Estimate: $850–$950/month

Cap Rate: 12–14% (after rental rehab)

This is a true value-add deal — ideal for investors looking for low entry cost and strong rental yield in Alexander City.

📲 Call or text Lanier at 334-201-0507 for photos, details, or to submit an offer.

Comps/ARV

ARV: $80K–$85K

Comp 1:  470 Dogwood Ave sold for $79,900 @ $61/sqft and is  a 3/1 1320 sqft on 9/22/2025 

Comp 2:  173 Enis Berry Ln for $89,900 @ $93/sqft and is  a 3/1 966 sqft on 9/12/2025

Comp 3:  735 Willow St sold for $84,000 @ $55/sqft and is  a 3/2 1516 sqft on 7/29/2025

Comp 4:  440 Scott Rd sold for $110,000 @ $99/sqft and is  a 3/1 1110 sqft on 4/25/2025