Money to be Made in Montgomery East

Asking $55,000 or best offer

We are selling our assignable purchase contract on the property below:

1133 N Burbank Dr,
Montgomery, AL 36117
Zillow
Photos
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Details:
  • 3bd/2ba with 1,212 sqft
  • Has a detached 1-car garage
  • Vacant
  • Market Rent: $900-$1,000/month
ARV is $100,000 based on the following comps:
  • 1005 N Burbank Dr is a 3/2 with 1,293 SqFt that sold for $99,700 in July of 2020
  • 1125 N Burbank Dr is a 3/2 with 1,050 SqFt that is pending at 99,500 as of 6/28/2021
  • 783 N Burbank Dr is a 3/2 with 1,440 SqFt that sold for $97,000 in December of 2020

Repairs:
 Roof: Architectural, 5 months old, in good shape
 HVAC: 2001
 Flooring: Linoleum and carpet throughout. Replace throughout
 Kitchen: White appliances, consider updating. Consider painting cabinets
  Bathroom: Consider replacing the toilet and vanity in both. Replace shower insert in 1
  Windows: In good shape
 Foundation: On a slab. No apparent issues
 Other: Water heater from 2009 and in good shape. Paint throughout. Some siding needs repair. Fascia work needed. The garage door needs replacing.
 
To submit an offer or set up a viewing please contact Eric at 334-319-8613 or email eric@rapidfireinvestments.com

Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

$2,500 earnest money check required for all buyers.

Realtors, add your fee (whatever you like) and bring us a buyer!
 
 
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