Investor Special – Off Market Rental in Fairfield
3 Beds / 1 Baths • 1,298 SqFt
Offer Submission Deadline
-
Single Family House -
3 -
1 -
1930 -
1298 -
1298 -
No Garage
Description
Solid rental or flip opportunity located at 271 55th St, Fairfield, AL 35064
This 3-bed, 1-bath home sits on a 6,650 sq ft lot and offers nearly 1,300 sq ft of living space. It needs a new roof, and there’s a noticeable floor hump in the back bedroom, but the structure is intact and ready for your improvements. Originally built in 1930 but it has been upgraded to 1977 standards.
Key Features:
- Vinyl siding
- Off-street parking with driveway
- Quiet street with rental comps in the $900–$1,100/month range
- Water Heater: 2019
Exit Strategies:
Fix and rent with light rehab or go full renovation and resell. Good ARV potential based on surrounding sales.
Notes:
Property will be delivered vacant. Buyer to perform all due diligence. Selling as-is.
Estimated Spread
- ARV $102,000
- Price $48,800
- Spread $53,200
DOCS
| File Name | Size | |
|---|---|---|
271_55th_St_comparable_1753209520_4710.pdf |
38kb
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Download |
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