Large SFR on Federal Dr

Asking $125,000 or best offer

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

1330 Federal Dr,
Montgomery, AL 36107
Zillow
Photos
Details:
  • 3bd/2ba (Easily made into 4/2) with 2,233sqft
  • Owner-Occupied (Vacant at closing)
  • Market Rent $1,100-$1,300/month
ARV is $160,000-$170,000 based on the following comps:
  • 2725 Crestview Ave is a 3/2.5 with 2,310 SqFt that sold for $160,000 in March of 2021. (Updated kitchen, dated baths)
  • 2747 Biltmore Ave is a 4/2 with 2,291 SqFt that sold for $139,900 in April 2021 (Dated kitchen and baths)

Repairs:
 Roof: 6 yrs old. 3-tab, In good shape
 HVAC: 2011, In good shape
 Flooring: Hardwood throughout. In good shape
 Kitchen: Consider updating appliances and countertops

  Bathroom: Consider updating
 Windows: In good shape
 Foundation: On a slab, no apparent issues

 Other: Paint throughout

 
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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