Investor Alert! Flexible 3-Bedroom (Easily Converts to 4) at 3561 N Georgetown Drive!
Calling all savvy investors! This 3-bedroom, 2-bathroom single-family home at 3561 N Georgetown Drive in Montgomery offers a unique opportunity to maximize your rental income or resale potential.
Currently configured as a functional 3-bedroom layout, this property boasts a hidden advantage. The floor plan can be easily converted back to a desirable 4-bedroom layout, catering to a wider range of tenants or buyers.
This property shines with its versatility:
- Adaptable Layout: Effortlessly convert the space to a 4-bedroom unit to meet market demands and potentially increase rental income.
- Prime Montgomery Location: Located in a desirable neighborhood, this property attracts high-quality tenants and offers strong resale value.
- 2,062 Square Feet: Ample space for comfortable living, ideal for families or multiple occupants.
- Built in 1953: Classic charm with the potential for modern updates (potentially increasing rent or resale value further).
- Foundation: Conventional crawlspace – Provides easy access for maintenance and potential future upgrades.
This property caters to a diverse investor pool:
- Buy-and-hold investors: Easily manage a consistently rented property with high occupancy potential.
- Fix-and-flip investors: Capitalize on the adaptable layout and invest in strategic updates to maximize resale value.
Don’t miss this chance to add a versatile property with strong rental and resale potential to your portfolio!
REPAIRS
- ROOF: age unknown – needs repair or replacing
- FLOORING: hardwoods mostly in good shape | replace or repair laminate
- ELECTRICAL: Breaker panel – no apparent issues
- PLUMBING: no apparent issues
- HVAC: needs replacing – seems to be the issue with the humidity in the bathrooms and other areas of the house
COMPS click here for more details
- 3915 Beardsley Drive is 4/2 w/ 1,895 sq ft that sold for $254,000 in March 2024
- 3832 Dalraida Place is a 4/2 w/ 1,900 sq ft that sold for $215,000 in December 2023
- 1342 Hillman St is a 3/2 w/ 1,792 sq ft that sold for $201,500 in October 2023
iDeal Investments
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