Great Flip Opportunity in McGehee Estates

Asking $157,500 or best offer

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

3125 Highfield Dr
Montgomery, AL 36111
Zillow
Photos
Details:
  • 4bd/2.5ba with 3,439 sqft
  • Owner Occupied
  • Market Rent is $1,500-$2,000/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
  • 2628 Fernway Dr is a 3/3.5 with 3,730 SqFt that sold for $235,000 in April 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

Repairs:
 Roof: Architectural, In good shape
 HVAC:  2014
 Flooring:  Tile in Kitchen and baths. Carpet in common areas and bedrooms that is in good shape. Consider replacing carpet with hardwood or LVP
 Kitchen: Update appliances and countertops, paint cabinets
  Bathroom: Replace vanity and toilet in master, Gut second bathroom
 Windows: In good shape
 Foundation: On a slab, no apparent issues
 Other: Strip wallpaper, paint 1/2 bath

 
 
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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