Finish this House in Gay Meadows (Blank Canvas)

Asking: $59,900 or best offer

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

2601 Essex Pl,
Montgomery, AL 36111
Photos
Details:
  • 3 bd/2 ba with 1,884 sq ft
  • Currently Vacant
ARV is $130,000 based on the following Comps:
  • 2629 Essex Pl is a 3 Bd/2 Ba with 1,929 SqFt that sold for 130,000 on 7/1/2020 with 26 DOM
  • 2635 Essex Pl is a 3 Bd/2 Ba with 1,752 SqFt that sold for $108,500 on 6/30/2020 (Very Dated with lots of work needed)
  • 3032 Guymar Rd is a 3 Bd/2 Ba with 2,415 SqFt that is contingent after listed at $130,000 (Dated with work needed)

Repairs:
 Roof: Architectural, in good shape. Will need minor fascia work
 HVAC: Will need a new A/C unit
 Flooring: Refinish/ replace throughout
 Kitchen: Kitchen has been gutted. Needs full kitchen
  Bathroom:  Tile has been done in showers/ tubs. Both need new vanities. One needs a new toilet
 Windows: New windows have been installed
 Foundation: No apparent issues
 Other: Will need a 1 car garage door replaced, minor brickwork on the back patio, interior doors replaced, paint throughout, and minor repairs to paneling/ sheetrock
 
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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