🧱 Montgomery Full Reno Project – Only $17,500
This 3 beds, 1 bath brick home is your next deep-value project in Montgomery. With over 1,160 square feet and sitting on a .23-acre lot, this one’s priced for a full renovation with strong spread to ARV.
If you’re looking for a budget-friendly flip or want to build sweat equity in your next rental, this one is your blank slate.
📌 Property Highlights
- Price: $17,500
- 3 Beds / 1 Bath
- 1,162 Sq Ft | .23 Acres
- Built: 1950
- Construction: Brick
- Foundation: Slab
🛠Repairs Needed
- Roof: Needs replacement (older, missing shingles)
- HVAC: No unit currently (previously window units)
- Flooring/Subfloor: Needs full replacement
- Kitchen: Fully gutted – needs complete installation
- Bathroom: Partially renovated (new tub and vanity), but not complete
- Paint: Full interior repaint needed
- Yard: Overgrown – brush cleanup needed
- Estimated Repairs: $25K–$30K
This is for the seasoned investor who’s not afraid of a full rehab. At under $20K, the price allows for full renovations and still leaves healthy profit margins.
Contact:Â Lanier @ 334-201-0507 with questions, offers, or to schedule a showing.
Comps/ARV:
ARV: $60K–$65K
Comp 1:Â 3232 Doris Cir Montgomery AL 36105 sold for $48,000 @ $44/sqft and is a 3/1 1080 sqft on 5/15/2024Â
Comp 2: 2458 Crescent Rd. Montgomery AL 36105 sold for $54,900 @ $42/sqft and is a 3/1 1320 sqft on 12/06/2024Â
Comp 3:Â 3839 Gaston Ave. Montgomery AL 36105 sold for $90,000 @ $84/sqft and is a 3/1 1075 sqft on 3/5/2025
Comp 4: 318 Iris Ln. Montgomery AL 36105 sold for $71,000 @ $65/sqft and is a 3/1 1085 sqft on 3/4/2025
Comp 5: 711 Iris Ln. Montgomery AL 36105 sold for $78,000 @ $60/sqft and is a 3/2 1316 sqft on 5/13/2025