McGehee Estates Money Maker

Asking $160,000 or best offer

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

3032 Highfield Dr,
Montgomery, AL 36111
Zillow
Photos
Details:
  • 4bd/2.5ba with 2,456 sqft
  • Owner Occupied
  • Market Rent is $1,500- $1,800/ month
ARV is $240,000 based on the following comps:
  • 3025 Highfield Dr is a 4/3 with 2,633 SqFt that sold for $247,500 in November of 2020
  • 3120 Rolling Rd is a 4/2.5 with 2,624 SqFt that is contingent at $239,900 after 6 days on the market
  • 2925 Fernway Dr is a 4/2 with 2,725 SqFt that sold for $245,000 in April 2021

Repairs:
 Roof: Architectural, roughly 8 yrs old
 HVAC:  2019
 Flooring: Replace throughout
 Kitchen: Update with stainless steel appliances, replace countertops and cabinets

  Bathroom: Update with tile showers and new vanities
 Windows: In good shape
 Foundation: On a slab, no apparent issues

 Other: Paint half bath (has wallpaper currently), consider updating fixtures

 
 
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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