The Worst House on Washington Street

Asking $5,500 or best offer

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

1611 E Washington St
Montgomery, AL 36107
Zillow
Photos
Details:
  • 2bd/2ba Easily converted to a 3bd/2ba with 1,508 sqft
  • Vacant
  • Closing on or before 10/30/2021
  • Market Rent: $750/month
ARV is $95,000 based on the following comps:
  • 1815 St Charles Ave is a 3bd/1ba with 1,456 sqft that sold for $99,000 in October of 2021
  • 57 S Lewis Street is 3bd/1ba with 1,232 sqft that sold for $97,000 in October of 2021
  • 1738 Yancey Ave is a 3bd/1ba with 1,592 sqft that sold for $95,000 in September of 2021

Repairs:
 Roof: Needs new roof
 HVAC: Needs new HVAC
 Flooring: Needs new flooring
 Kitchen: Needs full remodel
  Bathroom: Needs remodel
  Windows: Seems to be in good condition minus one
 Foundation: Floor joists may need repair
 
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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