Turnkey property for sale off market no middle man

1170 Josephine Ave, Prattville, AL 36066

$155,000 After Repair Value -
$148,500 Asking Price -
$0 Cost of Repairs =
$6,500 Potential Profit

Property Details

Asking Price $148,500

After Repair Value $155,000

Costs of Repairs $0

Potential Profit $6,500

Living Area 1570 ft2

Property Type Single Family House

Bedrooms 4

Bathrooms 2

Half Bathrooms 0

Parking 1

Listed with Agent No

EPI (Estimated Potential Income)

Potential Rental Income $1,091

Yearly Expenses $3,921

Property Taxes $936

Net Operating Income $15,105

Cap Rate 8.8

Property Description

This 4/2 brick home is in Prattville, which one prominent travel blog recently ranked the “Top Small Town in Alabama!” The schools are the best in the Montgomery metropolitan area and a large portion of the military officers at Maxwell/Gunter Air Force Base move to this area so their children can attend these schools. The area also boasts some of the nicest shopping districts in the area as well as the Bass Pro Shop which is a huge regional draw and is strategically located as Prattville has direct access to the Alabama River.


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