Flip this Clean Home in Cloverdale

Asking $215,000 or best offer

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

1601 S Perry St
Montgomery, AL 36104
Zillow
Photos
Details:
  • 5bd/4ba with 4,400 sqft
  • Vacant
  • Closing on or before 12/17/2021
  • Market Rent: $2,100/month
ARV is $330,000 based on the following comps:
  • 230 Felder Avenue is a 5bd/4ba with 4,194 sqft that sold for $420,000 in July 2021
  • 2052 S Hull Street is a 5bd/4ba with 3,587 sqft that sold for $280,000 in August 2021
  • 1826 S Hull Street is a 4bd/4ba with 4,948 sqft that sold for $495,000 in June 2021

Repairs:
 Roof: A few stained spots on the ceiling but looks to be in good shape. Age unknown
 HVAC: 2 units, one newer, age unknown, both working as they should
 Flooring: Nice hardwoods throughout most, a few spots need repairing. Tile in kitchen and baths. All mostly in good shape
 Kitchen: Granite countertops, cabinets in good shape

  Bathroom: Dated but in good shape 
  Windows: Old windows, but in good shape
 Foundation: Slab foundation, signs of structural movement not uncommon for the area

 Other: Tankless water heater / used as an Airbnb so paint only needs touch-ups

 
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.

Must close with Garry S McAnnally (Montgomery office)

$2,500 earnest money check required for all buyers.

Realtors, add your fee (whatever you like) and bring us a buyer!
 

Join Our Investor List!

Sign up to get great real estate deals emailed to you for free.