3508, Ridgeview Drive, Irondale, Alabama, 35210
SOLD! $187,990
Additional Details
- Important Details: --> Vacant at close! --> 2 car garage/unfinished basement (674 sqft)
- Features: Great opportunity in desirable Irondale neighborhood! This 3-bedroom, 2- bath home features 1504 sqft of living space, an attached two car garage/unfinished basement, and sitting on a large lot making it a perfect flip for a new family! Being offered vacant at close for you renovate and maximize on the market potential. Centrally located close to everything around you. In an area where the only active in our immediate neighborhood is listed at $399,000, don't miss out!
- Potential ARV:: $340,000-$360,000
- Rehab Description: For a flip or rental, this property will require a full renovation. On the outside start with a trashout, replace the roof and the AC unit. Modernize the interior by updating the kitchen, bathrooms, fixtures, flooring, and appliances. Apply fresh paint, deep clean, and do some landscaping to boost curb appeal!
- Estimated Rehab: $60,000-$70,000
- Estimated Rent: $2200-$2350/MO
- Ideal Investment Strategy: Rental/Flip
- Comp 1: 3636 Bermuda Dr, Birmingham, AL 35210 3/2 1566 SQFT 1977 Build SOLD @ $332,070 04/10/24 (7K above listed price) (Similar size and style/ flipped updated property)
- Comp 2: 3613 Havenhill Pl, Birmingham, AL 35210 3/2 1951 SQFT 1974 Build SOLD @ $391,000 05/10/24 (Slightly bigger/flipped updated property)
- Comp 3: 5712 Annanadale Ln, Birmingham, AL 35210 3/2 1352 SQFT 1984 Build SOLD @ $375,000 04/24/24 (Slightly Smaller/flipped updated property)
- Hard Money: Pre-Approved by OPS Loans for up to 75% LTV - See OPS Loans Tab