Cash Cow on Capitol Ave – Montgomery, AL, 36107

Description

Details:

3bd/2ba with 1728 sqft
Built in 1925
Vacant
Closing on or before 02/25/24
Market Rent: 1100/month
Beautiful house with lots of potential

ARV is $150,000 based on the following comps:
2219 St Charles Avenue is a 3/2 with 1736 SqFt that sold for $145,000 on 05/25/2023 83.53 per SqFt
1806 Capitol Avenue is a 3/2 with 1,568 SqFt that sold for $165,000 on 07/03/2023 105.23 per SqFt
1637 Madison Avenue is a 3/2 with 1,739 SqFt that sold for $185,000 on 09/20/2023 106.38 per SqFt
Repairs:

Roof: 2020-in great shape

HVAC: replaced within the last 3 years

Flooring: Tile and carpet in good shape

Kitchen: In good condition-needs some updates

Bathroom: In good condition

Windows: Aluminum-in good condition

Foundation: Crawl space-in good condition

Other: Overall good house for its age