Wholesale Fix And Flip Turnkey

Birmingham Cash-Flow Fixer — $140k Ask | $220–230k ARV

8961 Glendale Dr, Birmingham, AL 35206

$230,000 After Repair Value -
$140,000 Asking Price -
$40,000 Cost of Repairs =
$50,000 Potential Profit

Property Details

Asking Price $140,000

After Repair Value $230,000

Costs of Repairs $40,000

Potential Profit $50,000

Living Area 1700 ft2

Property Type Single Family House

Bedrooms 3

Bathrooms 2

Half Bathrooms 0

Parking 1

Listed with Agent No

Property Description

This property at 8961 Glendale Dr, Birmingham is an investor special that can work both as a fixer upper and as a buy & hold. Priced at $140K, investors can choose to fix & flip / BRRR and target an ARV of $220–230K (by investing $35–45K in cosmetic upgrades expected). Alternatively, buy & hold for immediate rental income, with current rents at $1,450/mo (as-is), giving 12.5% rental yield and satisfying the 1% rule.

Repairs Needed

- Interior upgrades needed: Full repaint, durable LVP flooring, modern light fixtures, and minor drywall/trim repairs bring the home to clean, rent-ready condition.\r\n- Kitchen & bath overhaul: Replace cabinets, counters, appliances, vanities, and tub/shower surrounds to align with modern standards.\r\n- Exterior & systems: Brick exterior in good shape. HVAC, plumbing, and electrical are functional. Add landscaping, replace older windows, and finish with curb appeal improvements to complete the package.

CONTACT LISTING OWNER

George Punnen

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