Old Cloverdale Cash Flow

Asking $125,000 or best offer

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

362 Cloverdale Rd,
Montgomery, AL 36104
Zillow
Photos
Details:
  • 3bd/2ba with 2,162 sqft
  • Owner Occupied (Vacant upon Closing)
  • Market Rent is $1,100-$1,300/mo
ARV is $210,000 based on the following comps:
  • 1910 Graham Rd is a 3/2 with 1,936 SqFt that sold for 209,000 in May 2020
  • 1949 Graham St is a 3/2.5 with 1,939 SqFt that sold for 228,000 in May 2020
  • 353 Cloverdale Rd is a 3/2 with 1,780 SqFt that sold for 199,900 in May 2020

Repairs:
 Roof: 1 yr old. Architectural roof
 HVAC: 2004
 Flooring: Replace and/or refinish throughout
 Kitchen: Full replacement

  Bathroom: Full replacement on both
 Windows: In good shape
 Foundation: No apparent issues

 Other: Update fixtures, repair small water damage spot on ceiling and wall, Landscaping in back, and minor work inside to move a doorway

 
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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