Knock Out Deal in Normandale – Montgomery, AL, 36105

Description

Details:

3bd/2ba with 1845 sqft
Built in 1948
Vacant
Closing on or before 03/29/24
Market Rent: $1,150/month
Current Rent:
Home has more SqFt than comps and an additional half bath.
ARV is $95,000 based on the following comps:

802 Portland Avenue is a 3 Bd/2 Ba with 2,028 SqFt that sold on 06/15/2023 for $114,500
3560 Norman Bridge Road is a 3 Bd/2 Ba with 1,626 that sold on 12/07/2023 for $88,000
3675 Berkley Drive is a 3 bd/2 Ba with 1,919 SqFt that sold on 11/30/2023 for $76,000
Repairs:
Roof: Unknown – Recommend replacing
HVAC: 2014 – Air handler may need replacing
Flooring: Wood and Tile – Recommend replacing
Kitchen: Own due-diligence recommended
Bathroom: Own due-diligence recommended
Windows: Wood/Aluminum – Large front windows need replacing
Foundation: Crawl space – Good condition
Other: N/A