3220 Fairfax Rd

Brick Ranch in Lakeview Heights

Asking $70,000 or best offer

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

3220 Fairfax Rd
Montgomery, AL 36109

Zillow

Photos

Details:

3bd/1ba with 1,372 sqft
Vacant
Closing on or before 2/15/2022
Market Rent: $1,000/month

ARV is $90,000 based on the following comps:

3262 Fairfax Rd is a 3bd/2ba with 1,051 SqFt that sold for $100,000 in April of 2021
3220 Durham Dr is a 3bd/1.5ba with 1,100 SqFt that sold for $86,000 in September of 2021
3241 Asbury Ln is a 3bd/1.5ba with 1,134 SqFt that sold for $82,101 in September of 2021

Repairs:
Roof: Age of the roof is unknown but there is no visible damage on the roof.
HVAC: HVAC appears to be in good working condition, dated 2018
Flooring: The tile floor on the kitchen and bathrooms seem to be in good condition however the carpet needs to be replaced
Kitchen: Kitchen is in good condition however the countertop and appliances can be updated
Bathroom: Bathroom is in good condition
Windows: All windows are metal windows and in good condition
Foundation: The foundation shows no sign of damage or shifting
Other: Water heater is dated in 2008 and appears to be in good condition

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.

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!

Brick Ranch in Lakeview Heights

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