This is a clean BRRRR play in rural Shelby County, just minutes from the Columbiana county seat. The property sits on 1.16 acres in a quiet, low-density area with minimal traffic and strong rental fundamentals. Currently vacant, recently tenant-occupied as a 3/1 small rental generating steady cashflow.
The heavy lifting is already done. Metal roof was recently installed and the HVAC system was fully replaced in 2022 — meaning your two biggest capital expenditure risks are off the table. Rehab scope is cosmetic: interior paint, flooring updates, minor kitchen and bath refresh. Conservative estimate puts you at $18K–$25K all-in depending on finish level.
Strong upside here. Comps in the immediate area are showing $175K+ ARV for similar homes after light renovation. At a $115K acquisition and $22K average rehab, you're looking at serious equity capture on the refinance. Rental demand in this area is stable — proximity to Columbiana keeps it desirable for tenants looking for space and affordability outside the Birmingham metro sprawl.
This one fits the classic BRRRR model: acquire under market, add cosmetic value, rent it out, refinance and pull your capital back out. The bones are solid, the major systems are done, and the numbers work. Move fast — good BRRRR candidates don't sit long.
Access: Property is vacant and available for showings. Contact Andrew to schedule.