π‘ Investor Special β Incredible Opportunity in Montgomery!
Unlock the potential of this 2-bedroom, 1-bath home featuring 870 sqft of renovation-ready space. Situated on a comfortable .155-acre lot, this property, built in 1946, is ideal for savvy investors ready for their next flip or rental project. With significant renovations required, this is your chance to create substantial equity and maximize returns!
β¨ Key Investment Points:
β Priced FAR below market β Excellent margin potential
β Great Rental Area β High demand for affordable homes
β Perfect for Complete Renovation or Flip
β Convenient Montgomery location close to schools, shopping, and transportation
π Repairs Needed:
π§ Complete interior renovation & updates
π§ New Roof
π§ New HVAC system
Priced aggressively at just $16,900, this property offers exceptional upside potential and wonβt last long!
Comps/ARV:
Comp 1:Β 2019 Stokes St.Β Montgomery AL 36107 sold for $25,000 @ $20/sqft and is a 3/2 1280 sqft on 2/20/2025Β
Comp 2:Β 2015 Stokes St.Β Montgomery AL 36107 sold for $35,000 @ $27/sqft and is a 3/2 1280 sqft on 2/20/2025Β
(both bought together from a Church and in very bad shape as well)
Comp 3:Β 2102 McCarter Ave Montgomery AL 36107 sold for $43,500 @ $40/sqft and is a 3/1 1098 sqft on 8/7/2024