Rental Potential in Pecan Grove Neighborhood

Asking $62,500 or best offer

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

452 Glade Park Dr,
Montgomery, AL 36109
Zillow
Photos
Details:
  • 3bd/2ba with 1,506 sqft
  • Vacant
  • Market Rent is $900-$1,000/mo
ARV is $120,000 based on the following comps:
  • 453 Planters Rd is a 3/2 with 1,536 SqFt that sold for $118,000 in November 2020
  • 480 Avon Rd is a 3/2 with 1,453 SqFt that sold for $120,000 in August of 2020
  • 441 Glade Park Dr is a 3/2 with 1,612 SqFt that is Contingent at $120,000 after 5 DOM

Repairs:
 Roof: Needs replacement
 HVAC: 2005
 Flooring: Replace throughout
 Kitchen: Needs appliances, replace countertops, consider replacing cabinets

  Bathroom: Replace vanities and toilets in both, spray tub and tile in both
 Windows: 1 broken, other in good shape
 Foundation: On a slab. No apparent issues

 Other: Paint throughout, Replace water heater, Update fixtures, Replace doors

 
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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