Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $185,000-$200,000
• Estimated Rehab: $35,000-$45,000
• Comparable Rent: $1,200-$1,300
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 2411 Hwy 22 W, Alexander City, AL 35010 - 3/2 1,882 sqft SOLD $267,500 on 09/11/2023 (1945 build, completely remodeled, 1 car detached garage, and 2.76 acre lot)
• Comp 2: 154 Clay St, Alexander City, AL 35010 - 3/2 1,722 sqft SOLD $230,000 on 08/01/2023 (1950 build, investor remodel, two carport, and .47 acre lot)
• Comp 3: 2004 E Circle, Alexander City, AL 35010 - 3/1 SOLD $189,900 on 04/14/2023 (1950 build, updated, carport, and 1.20 acre lot)
• Comp 4: 2051 East Cir, Alexander City, AL 35010 - 3/1 SOLD $168,000 on 10/13/2023 (1960 build, remodeled investor flip, no basement, carport, and 1.04 acre lot)
• Comp 5: 2650 Oakwoods Ln, Alexander City, AL 35010 - 3/2 2,000 sqft PENDING $284,000 on 09/25/2023 two days on market (1988 build, clean condition, detached shed, and .63 acre lot)
• Rehab Description: For a flip or rental this needs minor cosmetic rehab to the kitchen, bathrooms, some of the carpet flooring, and fixtures. Roof appears to be in good visual condition with no apparent evidence of leaking. Central A/C is in working order. Water heater is brand new. Finish with fresh interior/exterior paint, deep cleaning, and nice landscaping to boost curb appeal!
• Features: DUAL-THREAT Investment opportunity!!! This three bedroom, two bathroom home boasts massive living area with 2,544 sqft that includes the finished basement (1,608 sqft above grade), has an attached two car carport, spacious backyard deck, and sits on an oversized yet private .75 acre lot. Being offered at an attractive price with the size of the home and what else is on the market, you can't find a price comparable. Take advantage of this deal today!
• Important Details: --> Buyer agrees to assume current tenant on lease renting $800/mo until December 31st, 2023. Tenant pays utilities and there is a $650 security deposit.
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab