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Updated about 6 years ago on .

User Stats

141
Posts
156
Votes
Jared Garfield
  • Rental Property Investor
  • Montgomery, AL
156
Votes |
141
Posts

$82,900 4/2 1,425 sq ft Rented $830 Renovated Turn Key Home!

Jared Garfield
  • Rental Property Investor
  • Montgomery, AL
Posted

This 4/2 brick home is located in Sunshine Acres/Seth Johnson subdivision a neighborhood that has been significantly on the rise due to a large number of renovations that have taken place. This has been our best performing neighborhood, it’s a street with solid C+ to B- pride of ownership. We have probably renovated 6 homes on this street alone. Right now we have four homes in this neighborhood, so if you are looking for a very attractive package you can do really well by assembling several really nice properties that have great returns! This property has a great floor plan including a large formal living room and a formal dining area, the kitchen has a small dining area as well, and the large back yard is privacy fenced. This home has a new roof, new hot water heater, and new hvac, refinished hardwood floors, new lighting, paint, appliances, new bathroom vanities, mirrors and much more. The full scope of work will be posted below within 48 hours. This home is rented for $830 per month and the lease runs through September of 2019. It’s rare to get a property that beats the 1% rule in today’s market but we just did! Also, property taxes are so low that you get much better cash flow for the price in Alabama.  It's also a value add property because this home should be rented for $850.  For More Pictures, Proforma, Demographic and Rehab Scope Click Here To Visit Our Website!

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