🧱 Solid Brick Investment in Wetumpka – 2BR Home for Only $89,900!

Charming and solidly built, this 2-bedroom, 1-bath brick home offers 1,176 sq ft of living space on a 0.189-acre lot. Built in 1948 and located in the heart of Wetumpka, AL, it’s a fantastic opportunity for both investors and homeowners. With minimal cosmetic updates needed, this property is rent-ready or primed for a light flip.

Enjoy added value with a dedicated laundry room off the kitchen and a detached garage for storage or workspace.

🌟 Property Highlights:

Price: $89,900

2 Beds / 1 Bath, 1,176 Sq Ft

Lot Size: 0.189 acres

Roof: Only 10 years old, in excellent condition

HVAC: 2021 Goodman unit

Flooring: Original hardwood, LPV in kitchen, tile in bath

Kitchen: New white appliances, solid condition

🛠️ Repairs & Recommendations:

Rental-Ready Repairs:

Fresh coat of interior paint only

Flip Strategy Recommendations:

Upgrade countertops to granite

Modernize bathroom fixtures

Optional: refinish original hardwood floors for added value

Potential to enhance curb appeal and increase ARV

Added Value Features:

Extended laundry room

Rear garage or workshop space

📈 Investor Insight:

With minimal work, this property can be cash-flowing quickly or resold with strong equity upside. Whether you’re a buy-and-hold investor or looking for your next light flip, 618 N Bridge St delivers excellent fundamentals in a growing market.

ARV Estimate: $125,000 – $130,000

Comps/ARV:

Comp 1:  616 N Bridge (next door) sold for $102,500 @ $73/sqft and is a 2/1 1399 sqft on 10/11/2024

Comp 2:  706 Alabama St sold for $162,900 @ $160/sqft and is a 2/1 1015 sqft on 4/4/2025 (flipped)

Comp 3:  301 Alabama St sold for $125,000 @ $83/sqft and is a 3/1 1506 sqft on 9/3/2024

Comp 4:  204 N Shelby sold for $162,900 @ $105/sqft and is a 3/1 1545 sqft on 8/5/2024