🏡 Investment Opportunity in Montgomery, AL!

Description

Address: 2098 Johnson St, Montgomery, AL 36110

Price: $25,500

Bedrooms: 2

Bathrooms: 1

Square Footage: 1,102

Year Built: 1949

Type: Single Family

Garage: Carport

PROPERTY DETAILS:

An incredible chance awaits you with this property at 2098 Johnson St. It’s not just a house; it’s an investment opportunity you don’t want to miss out on. This single-family home boasts 2 bedrooms and 1 bathroom, offering ample space and potential for customization. With a square footage of 1,102, there’s plenty of room to make this your own.

The property comes with a new roof installed just one year ago, ensuring durability and peace of mind for the buyer. Additionally, the spacious carport can accommodate up to 4 cars comfortably, providing convenience and protection for your vehicles.

PROPERTY DESCRIPTION:

But wait, there’s more! This property is part of a larger portfolio comprising 5 total houses, along with an additional undeveloped parcel. Imagine the possibilities for investment or expansion. All properties are conveniently located within walking distance of fairgrounds and the Coliseum, making them highly desirable for potential tenants or buyers.

Investment Option: Purchase this property individually for just $25,500 or seize the opportunity to acquire the entire portfolio for only $95,000 (Or Best Offer).

ARV COMPS (After Repair Value Comparisons):

516 Gardendale St. – Sold for $92,000 on 8/25/2023 View on Zillow
https://www.zillow.com/homedetails/516-Gardendale-Dr-Montgomery-AL-36110/72813213_zpid/

1710 Champion St. – Sold for $75,000 on 6/5/2023 View on Redfin
https://www.redfin.com/AL/Montgomery/1710-Champion-St-36110/home/133346811

413 Chisolm St. – Sold for $62,500 on 2/8/2024 View on Redfin
https://www.redfin.com/AL/Montgomery/413-Chisholm-St-36110/home/133250891

200 Gardendale Dr. – Sold for $60,000 on 1/26/2024 View on Redfin
https://www.redfin.com/AL/Montgomery/200-Gardendale-Dr-36110/home/132673975