Cash Flow in Montgomery East Neighborhood

Asking $73,500 or best offer

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

6136 Gladstone Dr
Montgomery, AL 36117
Zillow
Photos
Details:
  • 3bd/2ba with 1,215 sqft
  • Vacant
  • Closing on or before 12/17/2021
  • Market Rent: $1,000-$1,100/month
ARV is $115,000 based on the following comps:
  • 6237 Lycoming Road is a 3bd/2ba with 1,348 sqft that sold for $128,000 in May 2021
  • 309 Sultan Court is a 3bd/1.5ba with 1,204 sqft that went contingent within 4 days on the market listed at $114,000
  • 349 Kroy Drive is a 3bd/2ba with 1,310 sqft that sold for $103,000 in October 2021
Click here to watch video walkthrough

Repairs:
 Roof: 3- tab shingles. Age unknown
 HVAC: Goodman HVAC. MFD 2014
 Flooring: Carpet, tile, and linoleum. Carpet might just need to be cleaned. Needs flooring in the hallway
 Kitchen: Wood cabinets. Older white appliances
  Bathroom: Replace Vanity & missing section of drywall
  Windows: In good shape
 Foundation: Slab foundation. No apparent issues
 Other: Water Heater age unknown
 
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!
 
 

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