781 Lee Road 384, Valley, AL 36854

2 Beds / 1 Baths • 1,178 SqFt
Offer Submission Deadline
  • Single Family House
  • 2
  • 1
  • 1968
  • 1178
  • 62926
  • No Garage

Description

🏡 Property Overview

  • Property Type: Single Family Residential
  • Beds/Baths: 2 Beds | 1 Bath ( 2 Half Baths )
  • Size: 1,178 Sq Ft
  • Lot Size: 62,926 Sq Ft
  • Year Built: 1968
  • Foundation: Slab
  • Stories: 1
  • Water Source: Public
  • Sewer: Septic
  • HVAC: Electric (Inactive, ~20 years old)
  • Cooling: Room/Window Units
  • Water Heater: Electric (12 Years Old)
  • Occupancy: Tenants Occupied
  • Location Perks: Quiet residential area with investment potential

🏠 Condition & Repairs Needed

  • Roof is 10+ years old (inspected from ground)
  • Electric HVAC system inactive for over 5 years
  • Tenants use room/window A/C units
  • The water heater is functional and electric

Repairs & Observations:

Exterior & Structure:

  • Deck severely deteriorated; bracing and boards need replacing
  • Moisture damage on porch/deck
  • Siding & fascia damaged
  • Stair/stoop needs repair
  • Improper yard drainage (possible pipe issue)
  • Roof has isolated damage

Interior:

  • The ceiling has slight bowing
  • The wall shows settling cracks and possible termite evidence
  • Floor: Cracked/damaged tiles, unfinished areas
  • Interior trim damaged
  • Light fixture missing covers, some not working
  • The ceiling fan wobbles
  • The exterior door doesn't open

Plumbing & Fixtures:

  • Stand-alone shower faucet handles don’t operate
  • Loose toilet bowl
  • Sink pipes are leaking
  • Odor from shower drain (possible dry pipe)

Appliances & Systems:

  • Cooktop not working
  • Dryer vent damaged
  • Electrical issues noted between kitchen & master bedroom
  • Covered vents due to past mold concern (recommend mold inspection)

💰 Why This Property?

  • ✅ Investor Special: Priced to sell with big value-add opportunity
  • ✅ Solid Structure: Slab foundation + working water heater
  • ✅ Fix & Rent or Flip: Great for BRRRR or long-term hold
  • ✅ Rental-Ready Layout: 2 beds + 1 full and 2 half baths = flexible floor plan
  • ✅ Income While You Plan: Tenant-occupied during transition
  • ✅ Sweat Equity Potential: Rehab opportunity in a quiet area
  • ✅ Low Taxes, Low Entry: Affordable property in a growing Alabama market

📌 Notes This 2-bedroom home offers a unique opportunity for investors to renovate and hold or flip. While the property needs major repairs—including HVAC, deck, and flooring—its slab foundation, working water heater, and tenant occupancy offer a solid starting point. Ideal for someone ready to roll up their sleeves and turn this into a cash-flowing rental or a fresh flip in a peaceful neighborhood.


📞 Contact us today for more details or to schedule a showing!


Estimated Spread

  • ARV $175,000
  • Price $95,000
  • Spread $80,000

DOCS

File Name Size

781 Lee Road 384 Valley, AL- Inspection Report.pdf

38kb
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