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5224 8th Ave, Birmingham, AL 35224, USA
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Title: Lucrative Real Estate Wholesale Opportunity - Ideal for Investors!
We have an exciting real estate wholesale opportunity in a prime location. This property, currently a 2-bedroom, 1-bathroom, has the potential to be converted into a 3-bedroom, 1-bathroom or 3-bedroom, 2-bathroom home. With an estimated after-repair value of $135,000, this property offers excellent profit potential.
Location: Highly desirable neighborhood with convenient access to schools, shopping, parks, and transportation routes.
Bedrooms: Can be expanded from 2 to 3 bedrooms, maximizing its value.
Bathrooms: Potential to add an additional bathroom during renovations.
Rehab Investment: $50,000 needed to upgrade the interior, enhance bathrooms, expand bedrooms, and improve overall aesthetics.
After-Repair Value (ARV): Estimated at $135,000, taking into account renovations and added square footage.
Profit Margin: With a $50,000 rehab budget, potential profit of approximately $35,000.
Promising Location: Strong demand for housing in the sought-after neighborhood.
Value Enhancement: Expanding bedrooms and adding bathrooms will significantly increase market appeal.
Potential for Passive Income: Opportunity for rental income in a robust rental market.
This real estate wholesale opportunity offers exceptional potential for investors seeking attractive returns. With a strategic $50,000 renovation investment, this property can be transformed and increase its value. The estimated after-repair value of $135,000 and potential profit margin of $35,000 make this a compelling opportunity. Don't miss out! Contact us today to secure this property and unlock its full potential!