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3061 Merrimac Dr, Montgomery, AL 36111
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Opportunity is knocking with this 3-bedroom, 2-bath brick home in Montgomery, Alabama. Built in 1966 and offering 1,938 square feet on an oversized 10,000 square foot lot, this property stands out as a clean value-add play for investors looking for a lighter project with real upside. This is not a full gut job or heavy rehab. The home is reported to be in great shape and needs cosmetic updating only, making it an appealing candidate for a straightforward renovation plan. Whether your strategy is a flip, a long-term hold, or a BRRRR-style project, the existing condition and solid brick exterior give you a strong starting point. At an asking price of $125,000 with an ARV of $222,800, the numbers create a compelling spread for investors who know how to unlock value through targeted improvements. The oversized lot adds additional appeal, and the nearly 2,000 square feet of living space gives plenty of room to create an updated finished product that can stand out in the market. This property is being marketed as an as-is opportunity. With cosmetic improvements, a refreshed presentation, and a smart renovation plan, this could be a strong addition to an investor’s pipeline. Buyer to verify all information independently.