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Archived over 4 years ago

$47,000

3 bd 2 ba 2347 sqft

Washington Park, Montgomery, AL 36108

Residential SFR Needs Repairs

Current Rent **

$800

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Posted By:

LeTonya Moore

Contract for Sell

CONTRACT FOR SALE. Investors and Handyman will love this property in Washington Park! 3BR 2BATH 2300 SQ. FT. 2 gas fireplaces. Rental potential $800-$900 per month. It's located near the Montgomery Historic Trail, near several of the tour stops.

Estimated repair costs approximately $25,000+-.

Detached 2 car garage with an upstairs area that can be used for additional storage or converted to a loft.

ARV: $103, 200.00
Repairs: $25,000
Asking $47,000

Text or call Tonya 256-604-1744

Location:

Washington Park, Montgomery, AL 36108

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.