Fine Property on Felder

Asking $112,500 or best offer

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

1222 Felder Ave
Montgomery, AL 36106
Zillow
Photos
Details:
  • 3bd/1ba with 1,695 sqft
  • The backroom can be converted to a large master bath
  • Rented. Tenant is month-to-month
  • Market Rent: $1,000/month
ARV is $185,000 based on the following comps:
  • 1201 Felder Avenue is a 3bd/2ba with 1,652 sqft that sold for $245,000 in July 2021
  • 1344 Woodward Avenue is a 3bd/2ba with 1,647 sqft that sold for $224,900 in August 2021
  • 1336 Woodward Avenue is a 3bd/2ba with 1,605 sqft that sold for $204,500 in May 2021

Repairs:
 Roof: Age unknown, no apparent issues
 HVAC: 1999, working as it should
 Flooring: In good shape
 Kitchen: Consider updating
  Bathroom: In good shape
  Windows: Windows needs to be scraped and painted
 Foundation: Crawl space, no apparent issues
 Other: Water Heater MFD 2007
 
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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