Additional Details

• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $90,000-$100,000
• Estimated Rehab: $25,000-$30,000
• Comparable Rent: $1,100-$1,200
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 620 7th Ave, Midfield, AL 35288 - 3/1.5 1,349 sqft SOLD $100,000 on 07/18/2023 (1940 build, clean/basic rental condition)
• Comp 2: 1101 9th Ave, Midfield, AL 35228 - 3/1 1,384 sqft SOLD $93,880 on 05/03/2023 (1939 build, tenant occupied at $850/mo, condition unknown)
• Comp 3: 700 12th Ave, Midfield, AL 35228 - 3/1 1,184 sqft SOLD $115,000 on 11/07/2022 (1935 build, investor flip bought originally for $44,900 on 08/11/2022 and updated, smaller)
• Comp 4: 503 10th Ave, Midfield, AL 35228 - 3/1 1,080 sqft SOLD $87,500 on 05/30/2023 (1930 build, clean/basic updates, smaller)
• Comp 5: 610 8th Ave, Midfield, AL 35228 - 3/1 930 sqft SOLD $100,000 on 03/10/2023 (1956 build, basic updates, smaller)
• Comp 6: 1305 Carol Cir, Midfield, AL 35228 - 3/1 1,028 sqft PENDING $119,900 on 08/17/2023 (1958 build, clean/semi updated)
• Rehab Description: For a rental or flip this needs updates to the kitchen appliances, bathrooms, the fixtures, and a trash out. Parts of the soffits require attention. Roof is in fair condition with no apparent visual evidence of leaking. The wall a/c units need to be replaced. Flooring is in good condition, the hardwood needs refinishing. Finish off with fresh paint throughout, deep cleaning, and landscaping to boost curb appeal.
• Features: Attractive dual threat opportunity in Birmingham! This three bedroom, two bathroom home features 1,416 living sqft, detached shed and sits on a .15 acre lot. Being offered at an attractive price, located in Midfield, and currently rented month to month, secure this excellent rental or flip play!
• Important Details: --> Buyer agrees to assume tenant renting $700/mo on a month to month basis.
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab