Price Drop: Raging deal on Rutland St

Asking $24,999 or best offer

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

2710 Rutland St
Montgomery, AL 36108

Zillow
Photos
Details:

  • 3bd/2ba with 1,610sqft
  • Tenant Occupied
  • Closing on or before 8/31/2022
  • Market Rent: $900/month
ARV is $70,000 based on the following comps:

  • 2546 Westwood Drive is a 3Bd/2Ba with 1,375 SqFt that sold in April 2021 for $97,000
  • 2603 W Edgemont Avenue is a 2Bd/2Ba with 1,470 SqFt that sold in May 2021 for $65,000
  • 3508 Mobile Drive is a 3Bd/1Ba with 1,521 SqFt that sold in March 2022 for $55,000

Repairs:
 Roof: Unknown – 3-Tab Shingles need replacing
 HVAC: Needs to be installed
 Flooring: Wood flooring – recommend replacing
 Kitchen: Good condition

  Bathroom: Recommend vanity upgrades
  Windows: Aluminum windows in good condition
 Foundation: Slab – In good condition

 Other: Water Heater is MFD 2014 – working properly. Recommend fresh paint

Interested? Contact us to schedule a viewing or submit an offer!
Our deals move fast. If you would like to lock the property up, we do accept sight-unseen, no-contingency cash offers.

Must close with Garry S McAnnally (Montgomery office)

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

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

Not interested in this deal? Click here to view our other listings
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Disclaimer: Sender of this email is not acting as a Real Estate Agent, Real Estate Broker, Securities Dealer, Broker or US Investment Advisor. Sender of this email makes neither warranties nor representations as to the Buyer, Seller nor Transaction. Receipt of these documents is acknowledgment and acceptance that this is privileged, proprietary and confidential and will not be forwarded to any party(s) without prior written consent from the sender. Confidentiality: This email message and its attachments are covered by Electronic Communications Privacy Act, 18 U.S.C ss 2510-2521 and is intended only for use of person or entity to which it is addressed. If you are not the intended recipient or have received this message in error, you are prohibited from disseminating or otherwise using this information under law.

An investment buying real estate involves substantial risks. Each investor should carefully consider the risk factors and conduct their own due diligence before investing.  This statements shown, and on our websites may contain forward-looking statements and are based upon our current expectations, plans, estimates, assumptions and beliefs that involve numerous risks and uncertainties. Although we believe that the expectations reflected in such forward-looking statements are based on reasonable assumptions, actual results and performance could differ materially from those set forth in this current statement.  Any financial projections or returns shown on this email are illustrative examples only, and there can be no assurance that any real estate valuations or estimates provided are accurate or in agreement with market or industry valuations. Any investment information contained herein has been secured from sources Rapid Fire Investments are reliable, but we make no representations or warranties as to the accuracy of such information and accept no liability therefor.  We have equitable ownership interest and will assign our rights in the contract to the buyer.  Asking price above includes the original contract price & assignment.  Terms of original contract, unless otherwise noted above, include:  As-is, where-is purchase; cash or hard money closing; fully insured & clear title delivered at closing.  Any comparable sales presented as accurate, but are not a guarantee or opinion of value. Again, Investors should conduct their own due diligence, not rely on the financial assumptions or estimates displayed on this email and/or our other websites, and are encouraged to consult with a financial advisor, attorney, accountant, contractor, and any other professional that can help you to understand and assess the risks associated with any investment opportunity.

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