Excellent Deal on East Salem

Asking $77,000 or best offer

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

172 E Salem Dr
Montgomery, AL 36109
Zillow
Photos
Details:
  • 2bd/2ba (easily converted to 3bd/2ba with a closet) with 1,570 sqft
  • Rented
  • Closing to be on or before 11/8/2021
  • Market Rent: $950/month
ARV is $115,000 based on the following comps:
  • 2904 Brevard Avenue is 3bd/2ba with 1,767 sqft that sold for $120,000 in March 2021
  • 3036 Brevard Avenue is 3bd/2ba with 1,600 sqft that sold for $114,900 in May 2021
  • 2750 Biltmore is a 3bd/2ba with 1,690 sqft that sold for $139,000 in May 2021

Repairs:
 Roof: Age unknown, looks to be in good shape
 HVAC: 2002 MFD, working as it should
 Flooring: Hardwoods throughout most of the property, replace kitchen flooring and minor repair in the hall
 Kitchen: In good shape

  Bathroom: Dated, but in good shape
  Windows: In good shape
 Foundation: Slab foundation, No apparent issues

 Other: Known plumbing issue with the kitchen sink or behind the wall

 
To submit an offer or set up a viewing please contact Eric at 334-319-8613 or email [email protected]

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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715 Dunbarton Rd

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