2941 Lansdowne Dr

Massive Flip in McGee Estates Neighborhood

Asking $105,000 or best offer

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

2941 Lansdowne Dr,
Montgomery, AL 36111

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Details:

4bd/2.5ba with 2,475 sqft
Owner Occupied. Will be vacant prior to closing
Market Rent is $1,450-$1,900/ month

ARV is $180,000 - $220,000 based on the following comps:

2425 Hermitage Drive (4 Bd/2 Ba with 2,425 SqFt) sold for $208,500 on 12/30/2020
2450 Belcher Drive (4 Bd /3 Ba with 2,503 SqFt) sold $253,500 on 10/23/2020
3025 Highfield Drive (4 Bd /3 Ba with 2,633 SqFt) sold $247,500 on 11/16/2020

Repairs:
Roof: Needs replacement
HVAC: Has central HVAC but needs replacing
Flooring: Replace throughout
Kitchen: Consider Updating. The seller is taking the refrigerator
Bathroom: Update all of the bathrooms
Windows: Aluminum. The front window has a hole in the glass
Foundation: On a slab, no apparent issues
Other: 2017 water heater. Shed in the backyard needs to be torn down.

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!

Massive Flip in McGee Estates Neighborhood

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