Charming Single Family Rental in Capitol Heights Neighborhood

Asking: $32,500 or best offer

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

301 N Capitol Pkwy
Montgomery, AL 36107
Zillow
Photos
Details:
  • 2 bd/1 ba with 1,066 sq ft located at the corner of N Capotil Pkwy and Yancey Ave
  • Currently Vacant
  • Features Off-street parking
  • Detached storage building out back with a lot that extends roughly 50 ft beyond it
ARV is $60,000 based on the following comps:
  • 208 N Lewis St (2/1.5 with 1,281 SqFt) sold for $68,000 in April 2020
  • 200 N Lewis (2/1 with 1,387 SqFt) sold for $80,000 in March 2020
  • 1536 St Charles Ave (2/1 with 1,462 SqFt) sold for $64,500 in March 2020

Repairs:
 Roof: 3-4 Years
 HVAC: A/C unit was manufactured in 1999 but still operating
 Flooring: Replace flooring in kitchen and baths, consider refinishing hardwood
 Kitchen: Paint kitchen and add new appliances
  Bathroom:  In good shape
 Windows: Good shape
 Foundation: No apparent issues
 Other: Repair some spots that have broken or missing siding. The water heater was manufactured in Dec 2012

 
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 first-time buyers.

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

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