🏚️ Investor Special – Brick 3/1 in Montgomery for $14,900

This is a true value-add opportunity! Located in Montgomery’s 36105 zip code, this 3-bedroom, 1-bath brick home is ready for a full rehab and offers strong upside for cash buyers. Priced under $15K with an ARV of up to $65K, this is the perfect deal for a quick flip or buy-and-hold rental strategy.

📍 501 Japonica St, Montgomery, AL 36105
💲 Asking Price: $14,900
🛏 3 Bedrooms | 🛁 1 Bathroom | 📐 1,053 SqFt
🧱 Brick on Slab | Built 1950 | Lot Size: .441 Acres
📈 ARV: $60,000–$65,000

🛠 Repairs Needed:

Replace roof (aged with missing shingles)

Full flooring replacement — floor crack noted

Add HVAC system (currently none)

Bathroom tile + toilet replacement

Interior paint throughout

Replace rotted window frames

🧰 Estimated Rehab Cost: $20,000–$25,000
📦 Off-Market | Sold As-Is | Utilities currently off

Comps/ARV:

Comp 1:  3232 Doris Cir Montgomery AL 36105 sold for $48,000 @ $44/sqft and is a 3/1 1080 sqft on 5/15/2024 

Comp 2:  2458 Crescent Rd.  Montgomery AL 36105 sold for $54,900 @ $42/sqft and is a 3/1 1320 sqft on 12/06/2024 

Comp 3:  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