Watch Out For Wilmington! 

Asking $30,000 or best offer

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

3381 Wilmington Rd
Montgomery, AL 36105
Zillow
Photos
Details:
  • 3bd/1ba with 1,255 sqft
  • Vacant
  • Closing on or before 2/21/2022
  • Market Rent: $800/month
ARV is $70,000 based on the following comps:
  • 3380 Wilmington Rd is a 3bd/2ba with 1,570 sqft that sold for $99,000 in April 2021
  • 615 Hubbard St is a 3bd/1ba with 1,586 sqft that sold for $69,000 in April 2021
  • 734 E Edgemont Ave is a 2bd/1ba with 1,290 sqft that sold for $60,000 in March 2021

Repairs:
 Roof: The age of the roof is unknown however the roof showed no signs of leaks or damage
 HVAC: There is no central air so an HVAC system would need to be installed
 Flooring: The hardwood flooring throughout the house just need to be refinished
 Kitchen: Consider updating
  Bathroom: The bathroom needs to be completely redone
  Windows: This house has wood windows. The panes are all in good condition but the wood just needs to be scraped and painted
 Foundation: Crawl space. No apparent issues with the foundation
 Other: Water heater manufactured in 2003
 
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!
 

Join Our Investor List!

Sign up to get great real estate deals emailed to you for free.