Montgomery, AL – 4/2 Great Potential rental or flip!

Contact Michael Ilhardt, Dispositions Manager!

mike@propertypulse.io   |   321-613-6474

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PROPERTY SUMMARY

• Type: Single Family Home
• County: Montgomery
• Beds: 4
• Baths: 2
• Living: 1368 sf
• Year: 2007
• Pool: No
• Exterior: Wood frame
• Utilities: City Water/Sewer
• Flood Zone: No
• HOA:  Yes – $305 yearly

CLOSING & ACCESS

• Closing: 7/23/25
• EMD: $10,000
• Occupancy: Vacant
• Access: By Appointment Only (proof of funds required beforehand)

INVESTMENT SUMMARY

• Wholesale Price:  $169,000 +cc
• Potential ARV:  $215,000
• Gross Margin:  $46,000
• Potential Rent: $1,600/month
• Estimated Rehab:  $30,000 – $40,000

REHAB SUMMARY

• Roof: Needs Replacement
• HVAC:  Needs Replacement
• Plumbing:  No known issues
• Electrical:  No known issues
• Exterior: Some landscaping needed, curb appeal and fresh paint
• Interior: Replace the carpet with laminate flooring, install new appliances, some updates to kitchen and bathrooms

SOLD COMPS

• 6518 Ridgeview Ln (3/2, 1,408 sf, 2013 year) — Sold for $214,900 (2/21/25) — Partially Renovated
• 6626 Ridgeview Ln (3/1, 1,291 sf, 2006 year) — Sold for $209K (2/18/25) — Partially Renovated

RENT COMPS

• 6212 Lycoming Rd (4/2, 1,500 sf, 1974 year) — Rent for $1650/month — Partially Renovated
• 349 Hambleton Ct (3/2, 1,386 sf, 1997 year) — Rent for $1595/month — Fully Renovated

MUST READ:

• $5,000-$10,000 Earnest Money Deposit (refundable ONLY if clear title cannot be conveyed).
• Buyer pays ALL closing costs. Closing MUST be with our escrow company.
• Cash or Private/Hard Money Only. NO financing contingencies.
• Walkthroughs by Appointment Only. DO NOT disturb occupants.
• Property sold AS-IS, No Contingencies. Conduct due diligence prior to assignment.
• Buyer must verify all information independently. We assume NO liability for accuracy.
• DO NOT contact the seller. Unauthorized contact will result in legal action.
• We are acting as a principal, not as a broker. NO representation is made to any party.
• This is an assignment of contract. A legally binding purchase contract and memorandum have been signed with the seller, giving our company exclusive rights to purchase this property.
• We DO NOT grant anyone permission to market this property without our approval. Realtors and Wholesalers – contact us directly.