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APPROVED FOR FUNDING FROM OFFERMARKET CAPITAL - GET INSTANT LOAN QUOTE AND PRE APPROVAL
THIS IS A GREAT FIX & FLIP or BRRRR OPPORTUNITY
2425 31st Ave N, Birmingham, AL 35207
Priced way below comparable properties with HUGE value-add potential! Whether you're looking for a quick flip or a cash-flowing rental, this is your chance to maximize ARV and profits!
DEAL OVERVIEW:
Purchase Price: $26K
Estimated Rehab: $40K (Full rehab – low-end budget)
After Repair Value (ARV): $120K+
Projected Net Profit: $30K+
(25% Net Margin)
SOLD ARV COMPS
$140K – 1930 34th Ave N, Birmingham, AL 35207 | 3/1 | 1,258 sqft
$112.5K – 2404 31st St N, Birmingham, AL 35207 | 4/2 | 1,488 sqft
$99K – 2115 32nd Ave N, Birmingham, AL 35207 | 3/2 | 1,144 sqft (Now for rent at $1,200/month)
SOLD AS-IS COMPS
$57K – 2609 18th Ave N, Birmingham, AL 35234 | 3/1 | 1,434 sqft
$28.5K – 2429 32nd Ave N, Birmingham, AL 35207 | 3/1 | 1,400 sqft
$50.3K – 2425 32nd Ave N, Birmingham, AL 35207 | 3/1 | 1,139 sqft
$48K – 2116 31st Ave N, Birmingham, AL 35207 | 3/1 | 1,542 sqft $35K – 3831 24th St NE, Birmingham, AL 35207 | 2/1 | 896 sqft
$59K – 2225 31st Ave N, Birmingham, AL 35207 | 3/1 | 1,488 sqft (Absolute fixer)
ACTIVE ARV COMPS
$159K – 2312 32nd Ave N, Birmingham, AL 35207 | 3/2 | 1,102 sqft
$130K – 2524 35th Ave N, Birmingham, AL 35207 | 3/1 | 1,334 sqft
Easily Add Bedrooms & Bathrooms to increase value
Great Location | Strong Comps | Investor-Friendly Price
Flip it for a Quick Profit or Rent it Out for Solid Cash Flow!
Resources:
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