Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $115,000-$125,000
• Estimated Rehab: $25,000-$40,000
• Comparable Rent: $1,000-$1,200
• Construction: Brick / Frame
• Occupancy: Call your Agent
• Comp 1: 1709 51st St, Birmingham, AL 35208 - 3/2 1,600 sqft SOLD $130,000 on 04/28/2023 (1940 build, updated, no garage, and .16 acre lot)
• Comp 2: 1400 45th St, Birmingham, AL 35208 - 3/2 1,737 sqft SOLD $130,000 on 06/16/2023 (1930 build, remodeled, and .32 acre lot)
• Comp 3: 1609 48th St, Birmingham, AL 35208 - 3/1 1,420 sqft SOLD $95,000 on 03/06/2023 (1950 build, updated, and .16 acre lot)
• Comp 4: 1533 Bessemer Rd, Birmingham, AL 35208 - 3/2 1,288 sqft SOLD $135,000 on 06/16/2023 (1975 build, updated, and .16 acre lot)
• Comp 5: 1516 53rd St, Birmingham, AL 35208 - 3/1 1,440 sqft SOLD $135,000 on 04/18/2023 (1940 build, furnished, and .30 acre lot)
• Rehab Description: As a rental or flip, cosmetic cleaning updates are needed. Paint the walls, cabinets, update the kitchen/bathrooms, fixtures, and appliances. Central A/C is in good condition. Roof appeared to be in good condition and seller stated she believed it was about 7 years old. Apply fresh paint, deep clean, and do some landscaping to boost curb appeal!
• Features: BEST deal in this neighborhood in Birmingham available!!! This three bedroom, one and a half bathroom home features spacious living area with 1,863 living sqft and sits on a .16 acre lot. Being offered vacant at close with both flip or rental strategies as solid options for an ideal investment at a great price point! Located close to Central Park Recreational Center and Elementary School. Capture this solid cap rate or flip potential!
• Important Details: --> Vacant at Close --> Optionally can be offered as a package with 5220 Avenue Q & 409 Carver Ave
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab