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Heavy rehab

Cheap Heavy Rehab

Birmingham, AL

$13,770After-repair value · $80,000
Beds2
Baths1
Living area688 ft²

A compact 2-bedroom, 1-bath single-family rehab with an estimated $75,000 after-repair value, supported by ranging from $67,400 to $90,000. The 688-square-foot footprint may help contain renovation materials and labor, but the major crawl-space foundation concern makes this an opportunity for an experienced rehabber, contractor, or value-focused landlord. The Numbers: Estimated ARV: Approximately $75,000, providing a clear resale-value benchmark after renovation. Repairs: Estimated at $40,000–$50,000 for a substantial rehabilitation. $67,400, $82,300, and $90,000, supporting the broader neighborhood value range. Earnest money: Minimum $3,000. Property Details: 2 bedrooms | 1 bathroom | 688 sq ft | 4,725 sq ft lot. The smaller layout can support a focused renovation scope and lower material usage than a larger home, while the lot provides usable outdoor and parking space. Heavy rehab condition means the project requires careful due diligence, detailed contractor pricing, and contingency planning. The foundation is listed as a major concern and should be a primary item in the inspection and structural budget. Central air and central heating are present; both the roof and heating system are estimated at 11–15 years old, so remaining useful life and repair needs should be verified. Comp Support: Three nearby sales closed at $67,400, $82,300, and $90,000. These sales support the stated ARV range, though final resale value will depend on renovation quality, structural findings, size, and market conditions. Vacant and sold as-is, this property is best evaluated by buyers equipped to manage a heavy renovation. Nearby Comparable Sales 2004 31st Ave N, Birmingham, AL 35207 — Sold for $67,400 1908 30th Ave N, Birmingham, AL 35207 — Sold for $82,300 2015 36th Ave N, Birmingham, AL 35207 — Sold for $90,000