468 Glade Park Dr

Flaming Hot Deal on Glade Park

Asking $52,500 or best offer

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

468 Glade Park Dr
Montgomery, AL 36109

Zillow

Photos

Details:

3bd/2ba with 1,500 sqft
Vacant
Closing on or before 2/15/2022
Market Rent: $1,200/month

ARV is $128,000 based on the following comps:

537 Glade Park Loop is a 3bd/2ba with 1,620 SqFt that sold for $128,000 in December of 2021
420 Glade Park Dr is a 3bd/2ba with 1,457 SqFt that sold for $128,000 in July of 2021
476 Avon Road is a 3bd/2ba with 1,447 SqFt that sold for $135,900 in December 2021

Repairs:
Roof: A fourth of the roof has fire damage
HVAC: The HVAC is dated 1990
Flooring: The tile flooring is in good shape all throughout the house
Kitchen: The kitchen is completely gutted and is the center of the fire damage
  Bathroom: The master bathroom is completely gutted to the studs. It is also near the main area of fire damage. The second bathroom is in good condition but can be updated
  Windows: All but one window needs to be replaced
Foundation: There are no signs of any foundation damage
Other: The water heater was not located. It may need to be replaced. It could possibly be located in the attic

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.

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!

Flaming Hot Deal on Glade Park

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