Capitalize on this Capitol Pkwy Deal

Asking $40,000 or best offer

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

132 S Capitol Pkwy,
Montgomery, AL 36107
Zillow
Photos
Details:
  • 3bd/1.5ba with 1,662 sqft
  • Currently rented at $600/month
  • Market Rent: $895/month
ARV is $120,000 based on the following comps:
  • 148 Madison Ter is a 3/2 w/1904 sq ft that sold for $127,500 in December 2020
  • 409 S Capitol Pkwy is a 2/2 w/1626 sq ft that sold for $120,000 in October 2020
  • 19 N Capitol Pkwy is a 3/1 w/1574 sq ft that sold for $123,000 in February 2021

Repairs:
 Roof: Age unknown, consider replacing
 HVAC: 2011, working properly
 Flooring: Nice wood floors, but are coming up in multiple areas. Need repairing
 Kitchen: Consider updating
  Bathroom: Need updating or repairs
  Windows:  Most in good shape, some broken panes
 Foundation: Crawl space, no visible exterior cracks
 Other: Plumbing needs to be repaired in a couple of areas. Consider replumbing house
 
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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