πŸ’΅ Rare Opportunity! Mid Rehab SFH in Lanett, ALπŸ”₯🏠

Chambers County, Lanett, AL, 36863 view full address
For Sale
Listed at: December 21st, 2024
Price
$45,000
ARV
$140,000
Gross Margin
$95,000
Sq. Footage
1880
Type
Single-Family
Parking
Carport
Year build
1945
Lot size
0.23 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
If someone buys for this price, no more offers will be accepted
Summary

πŸ“1111 N 3rd St, Lanett, AL 36863πŸ“

 

🏠 This 3-bedroom, 2-bathroom home at 1111 N 3rd St, Lanett, AL 36863 spans 1,662 sqft and requires a medium level of rehab. πŸ’° Asking Price: $45,000.  After Repair Value (ARV): $140,000–$145,000  

Call or text Malachi for more information. Don’t miss out on this opportunity!

 (804) 492-0499

 

πŸ’°Property Details: 

βœ… Water damage resolved – flooring needs replacement in one bedroom.
βœ… Roof over 20 years old functional but may need attention.
βœ… HVAC not operational replacement cost estimated at $5,500.
βœ… Carpet throughout the house ready for a fresh update.
βœ… Plumbing in good condition.
βœ… Electrical system functional but could use modernization.
βœ… Bathrooms and kitchen functional but dated, ready for updates.
βœ… Mortgage payment $644/month (all-inclusive), with $1,200 potential monthly rent.

🏑Condition:

  • Requires a medium level of rehab.

πŸ“Έ Photos: https://drive.google.com/drive/folders/1toGh4HO45vFLfs0S8CO0xGbQDZoJHvz9?usp=sharing

 

COMPS:

1426 N 7th Ave, Lanett, AL 36863, Sold for 95k, it's smaller by 400 sqft

106 S 14th Ave, Lanett, AL 36863, Sold for 102k, smaller by 650 sqft and have just 1 bathroom

1201 S 12th St, Lanett, AL 36863, Sold for 120k, smaller by 120 sqft

HOUSE IS BEING SOLD " AS-IS" WITH NO WARRANTIES OR DISCLOSURES FROM THE SELLER AND BUYER TO PAY ALL CLOSING COSTS AND TRANSFER TAXES WITH THE EXCEPTION OF ANY PRORATED PROPERTY TAXES, LIENS, AND JUDGMENTS UNLESS OTHERWISE AGREED TO IN WRITING BY BOTH PARTIES. Deal Flow Today either owns or has equitable contractual interest in the property. The above marketing piece is referencing the equitable interest/option in the subject property, and recipients of this email are fully aware that the sellers' "equitable interest and contractual obligations" are what is being offered. Cash or hard money ONLY. Buyer is not relying on any representations, whether written or oral, regarding the property above. A minimum $5000.00 non-refundable deposit is due with contract acceptance. PROPERTY WILL BE CONVEYED WITH FREE AND CLEAR MARKETABLE TITLE UNLESS OTHERWISE AGREED IN WRITING BY BOTH PARTIES. NO INSPECTION PERIODS. Buyer to do their own due diligence prior to the seller accepting an offer. Sight unseen offer will require a sight unseen addendum to be executed prior to the acceptance of an offer.
Documents
Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Malachi Jones

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