Fantastic Forest Hills Rental

Asking $55,000 or best offer

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

875 Karen Rd,
Montgomery, AL 36109
Zillow
Photos
Details:
  • 3bd/1ba with 1,127 sqft
  • Currently vacant
  • Market Rent is $800-$900/ month
ARV is $90,000 based on the following comps:
  • 3616 Frontenac St is a 3/1 with 1,255 Sqft that sold for $92,000 in January of 2021
  • 3529 Little John Dr is a 3/1 with 1,259 Sqft that sold for $100,000 in February of 2021
  • 902 Karen Rd is a 3/1 with 1,350 SqFt that sold for $90,000 in May of 2020

Repairs:
 Roof: 3 Tab. 13yrs old
 HVAC: 2001. Needs replacement
 Flooring: Replace throughout
 Kitchen: Formica countertops that are in good shape, consider painting cabinets, & replace appliances
  Bathroom: Spray tub and tile, replace toilet and vanity
 Windows: In good shape
 Foundation: On a slab, no apparent issues
 Other: Has a 2 car covered carport attached
 
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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