Budget Friendly on John Morris Ave – Montgomery, AL, 36105

Description

Details:

3bd/1ba with 1089 sqft
Built in 1945
Vacant
Closing on or before 04/05/24
Market Rent: $700/month
Current Rent:
brick construction
ARV is 60000 based on the following comps:

356 Azalea Dr, 3/1 & 1136, sold 1/23/24 @ $60,000. (52.81)
216 Burgwyn Rd, 3/2 & 1092, sold 1/24/24 @ $60,000 (55)
160 Beckview Dr, 3/1 & 1092, sold 9/15/23 @ $65,000 (59.52)(on rental market at $1380pm)
Repairs:

Roof: Probably needs repairs or replace / due diligence recommended
HVAC: window units and nice heaters inside
Flooring: Laminate / carpet – replace
Kitchen: needs work

Bathroom: Needs some work
Windows: Looks like most are good
Foundation: crawl space. due diligence recommended
Water Heater: 2007 – not sure if working
Other: electrical updated