235 Lee Road 286, Smiths Station, AL, 36877

Smith station project

Asking $20,000 or best offer
If you're a buyer's agent: Asking $20,600 (includes a 3% broker compensation) or best offer.

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

235 Lee Road 286, Smiths Station, AL, 36877

Zillow

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To submit an offer or set up a viewing please contact Michael at (706) 641-7063 or email michael@rapidfireinvestments.com

Details:

2bd/1ba with 1316 sqft
Built in 1950
Lot Size: 0.38 Acres
Family Member Occupied
Closing on or before 06/25/26
Market Rent: $1,350
Current Rent: N/A
This Smiths Station opportunity is the definition of a low-entry, high-upside project. Sitting on a solid lot in an area with strong rental demand, this property is ready for a full transformation and priced accordingly. Perfect for investors looking for a deep value-add flip, BRRRR, or long-term rental play. Major systems need attention, but the numbers leave room to create equity from the ground up. With market rents pushing into the $1,300 range and strong upside after renovation, this one fits the investor who knows how to force appreciation.

ARV is $120,000 based on the following comps:

1414 Lee RD 281 in salem, AL 36874 is a as is 1118 sqft, 2 bed / 1 bath that sold for $90,000 on 2/19/26 ($81 per sqft)
15 Lee Road 386 in Smiths Station, AL, 36877 is a renovated 1336 SqFt, 3 Bed / 2 Bath that sold for $215,000 on 7/13/2025 ($160.93 per SqFt)

Repairs:

Roof: 10yrs but needs full replacement

HVAC: No HVAC - needs install

Water Heater: Unknown age but needs replacement.

To submit an offer or set up a viewing please contact Michael at (706) 641-7063 or email michael@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.

Title is already open with our preferred partner, Goggans, Stutzman, Hudson, Wilson & Mize, LLP, ensuring a smoother, expedited closing process by working directly with our trusted team.

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

Not interested in this deal? Click here to view our other listings

We are growing our team!

We are hiring! We believe in developing world-class salespeople, investors, and human beings. This is a career, not just a "job." Our people will have the ability to earn really well and invest in their future through real estate.

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Questions? I can Help!

Michael ChambersInvestment Sales Specialist

Don’t miss out! To submit an offer or schedule a viewing, contact me now at (706) 641-7063