Bessemer, AL – SFH 2/1 Excellent flip or buy & hold!

Call, Text, or Email Michael for more info on this deal!
mike@propertypulse.io  |  321-613-6474

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PROPERTY SUMMARY

• Type:  Single Family Home
• Beds: 2
• Baths: 1
• Living:  1,012 sf
• Lot: 19,800 sf
• Year: 1963
• Pool:  No
• Exterior: Wood frame
• Utilities:  City Water/Sewer
• Flood Zone:  No
• HOA:  No
• ACCESS:  BY APPOINTMENT ONLY

INVESTMENT SUMMARY

• Price:  $49,000 +cc
• Potential ARV:  $150,000
• Potential Rent:  $800/month

SOLD COMPS

• 1305 Potter Ave (2/1, 1,133 sf, 1925 year) — Sold for $156K (2/10/25) — Partially Renovated
• 1117 Hudson Ave (2/1, 1,215 sf, 1963 year) — Sold for $175,000 (2/14/2025) — Renovated
• 1322 Hudson Ave (2/1, 900 sf, 1950 year) — Sold for $99,500 (4/14/2025) — Partially renovated

RENT COMPS

• 1308 Airport Ln SW (3/1, 960 sf, 1976 year) — Rent for $800/month

REHAB SUMMARY

• Roof:  Needs Replacement
• HVAC:  Needs Replacement
• Plumbing:  No known issues
• Electrical:  No known issues
• Exterior:  Some landscaping needed and fresh paint
• Interior:  New flooring needed, kitchen and bathrooms need work

MUST READ:

• $5,000-$10,000 Earnest Money Deposit (refundable 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 not brokers and do not represent the seller.
• This is an assignment of contract. A legally binding purchase contract with memorandum has been signed with the seller giving this company exclusive rights to purchase the property.
• We DO NOT grant anyone permission to market this property without approval. Realtors and Wholesalers contact us directly.