Excellent Flip in Cloverdale

Asking $215,000 or best offer

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

538 E Fairview Ave,
Montgomery, AL 36106
Zillow
Photos
Details:
  • 4bd/2.5ba with 3,502 sqft
  • Tenant in place is behind on rent but the eviction ban just got lifted
  • Market Rent: $2,200/month
ARV is $369,900 based on the following comps:
  • 723 Thorn Place is 3/2.5 w/ 2,502 sq ft that sold for $430,000 in July 2021
  • 1655 Gilmer Avenue is 4/3.5 w/3,650 sq ft that sold for $379,900 in May 2021
  • 912 E Fairview Avenue is a 3/3 w/ 2,726 sq ft that sold for $310,500 in July 2021

Repairs:
 Roof: Around 5 yrs old, no visible leaks or issues
 HVAC: Around 10-12 years old, but working as it should
 Flooring: In good shape
 Kitchen: In good shape but consider updating
  Bathroom: In good shape but consider updating
  Windows: In good shape
 Foundation: No apparent issues
 
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!
 

Join Our Investor List!

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