New off-market deal · 3237 Fernway Dr, Montgomery, AL, 36111
3237 Fernway Dr, Montgomery, AL, 36111. 4 bd / 2 ba, starting at $120,000, ARV $230,000. Open house Thu, Sep 24 at 11:00 AM CT.
|
|
Fernway? More like Earn-Way!
3237 Fernway Dr
Montgomery, AL, 36111
|
Starting at
$120,000
|
After-repair value
$230,000
|
|
|
| |
|
|
| |
|
Open house
Thu, Sep 24
11:00 AM CT
|
|
|
Offers due Fri, Sep 25 at 11:00 AM CT
Submit at or above $120,000. No extensions will be granted.
Buyer’s agents, include your commission in the offer. This is not first-come, first-served. Every buyer gets the same shot.
|
|
| |
|
Can’t make the showing?
Offer without walking it.
|
|
Quick facts
|
Bedrooms / baths
4 / 2
|
Square feet
2,136
|
|
Year built
1967
|
Lot size
0.37 acres
|
|
Market rent
$1,800/mo
|
Occupancy
Owner Occupied
|
|
Earnest money
$2,500
|
Closing by
10/23/2026
|
|
|
What makes this deal special
Great 4 bed 2 bath house located in Vaughn Meadows! All major systems operational and in tact, allowing investors to focus their efforts on value add updates and cosmetic finishes. The attractive starting price of $120,000 allows room for this one to work as a rental or flip. With an estimated ARV of $230,000 and straight forward repairs, this would be a great project to finish out the year before winter hits. As a rental the projected rental rate of $1800/ month make this a great add to any investor's portfolio in a stable and desirable location. Peek through the trees and make sure you don't miss this one.
John Golden
Investment Sales Specialist, Rapid Fire Investments
|
|
Comparable sales
2408 Winchester Rd, Montgomery, AL 36106 4 bd / 2 ba | 2330 sqft | closed Jun 2025 Renovated |
2445 Winchester Rd, Montgomery, AL 36106 4 bd / 2 ba | 2183 sqft | closed Nov 2025 Renovated |
Pulled from public record and provided for reference only.
|
|
Known repairs
| Water heater 11 Years Old |
These notes reflect what we saw at the walkthrough. They are estimates, not inspections.
Verify condition, comps, scope, and every figure in this email independently before you offer.
|
|
|
Either way, offers are due Fri, Sep 25 at 11:00 AM CT.
|
| |
|
John Golden
Investment Sales Specialist
|
|
|
| |
Terms of this deal
| $2,500 earnest money, hard day one. Forfeited if the buyer fails to perform; refundable if title issues arise or the seller backs out. |
| Closing on or before 10/23/2026. |
| Title is open with Garry S. McAnnally, LLC. |
| Sight-unseen, no-contingency cash offers are accepted. |
| Agents: add your fee to the offer and bring us a buyer. |
|
| |
Rapid Fire Investments, a DBA of Streamline Realty LLC
We are selling our assignable purchase contract, not the real property itself. Rapid Fire
Investments is not acting as your agent or fiduciary.
Full disclosures and disclaimers
|
|
