Head on Over to Hanover!We are selling our assignable purchase contract on the property below:
933 Hanover Dr, Montgomery, AL, 36109 |
Open House: Thursday, July 16 @ 1:00 PM (CT) Offer Deadline: Friday, July 17 @ 1:00 PM (CT) Submit Offers Starting At Or Above: $50,000
No extensions will be granted. Buyers Agent include your commission when submitting offers!
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To submit an offer or set up a viewing please contact John at (334) 319-8613 or email john.golden@rapidfireinvestments.com
Details:
- 3bd/1ba with 1350 sqft
- Built in 1954
- Lot Size: 0.28 Acres
- Vacant
- Closing on or before 08/10/26
- Market Rent: $1,000
- Current Rent: N/A
- Don't miss this solid 3 bed / 1 bath investment in Rosemont Heights with multiple profitable exit strategies. Perfect for a buy and hold, or to execute a BRRRR, this property checks the boxes. Even after renovations, there's still strong equity potential, making it an excellent long term addition to your portfolio. With projected rental income of approximately $1,000/month, this deal comfortably exceeds the 1% rule, offering the potential for strong cash flow and attractive returns.
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ARV is $128,000 based on the following comps:
- 927 Hanover Dr in Montgomery, AL, 36109 is a as is, not renovated 1059 SqFt, 3 Bed / 1 Bath that sold for $86,000 on 1/29/2025 ($81.21 per SqFt)
- 955 Parkwood Dr in Montgomery, AL, 36109 is a renovated 1232 SqFt, 3 Bed / 1 Bath that sold for $117,500 on 4/3/2026 ($95.37 per SqFt)
- 997 Parkwood Dr in Montgomery, AL, 36109 is a clean but outdated 1188 SqFt, 3 Bed / 1 Bath that sold for $115,000 on 5/27/2026 ($96.8 per SqFt)
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Repairs:
Roof: 15+ Years Old
HVAC: 15+ Year Old
Water Heater: 6 Years Old
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To submit an offer or set up a viewing please contact John at (334) 319-8613 or email john.golden@rapidfireinvestments.com
$2,500 earnest money check required for all buyers.
Title is already open with our preferred partner, Garry S. McAnnally, LLC, ensuring a smoother, expedited closing process by working directly with our trusted team.
Realtors, add your fee (whatever you like) and bring us a buyer!
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| We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a "job." Our people will have the ability to earn really well and invest in their future through real estate. |
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