Anniston, AL, 36207
Value-add single-family fixer: 3 bed / 2 bath, 1,336 square feet, single-story ranch on a ~0.5-acre lot in the Golden Springs area.
Currently vacant after a house fire approximately 4–5 months ago.
Asking price of $29.9K, with recent nearby comps supporting an estimated $190K ARV after full renovation.
$100K–$110K rehab scope includes: Full interior gut (fire and water damage restoration), complete electrical rewire, new roof, kitchen / bathroom rebuilds, drywall, flooring, and exterior repairs.
Significant spread built in. At a $29.9K ask with an estimated $105K renovation budget, your all-in cost is around $135K. Against a $190K ARV, that’s $55K+ in gross profit (~30% margin on ARV).
Works as a fix-and-flip or heavy BRRRR. The property offers two exit strategies: flip for quick profit, or complete the renovation and refinance into a long-term rental at stabilized value.
The value here is a rare off-market opportunity with deeply discounted basis and significant ARV upside.
Please contact [email protected] for more information.
Property Details
Address: Anniston, AL 36207
Bed / Bath: 3/2
Property Type: Single Family
Finished Area: ~1,336 sq. ft.
Year Built: ~1970
Occupancy Status: Vacant
Investment Highlights
This is a full gut-rehab opportunity driven by fire damage — ideal for an experienced flipper or BRRRR investor comfortable with heavy renovation scope.
The lot and location are the story. Situated directly across from an elementary school in the Golden Springs area on a ~0.5-acre lot — the kind of neighborhood positioning that drives strong resale demand for renovated 3/2 ranch homes.
Fire damage is concentrated in the kitchen, utility room, and carport. The fire originated in the electrical breaker box in the utility room and spread to the kitchen. These areas sustained direct fire and smoke damage.
Water damage extends throughout the rest of the house. Fire suppression caused sheetrock collapse, water saturation in the living room, bedrooms, and bathrooms. The entire interior needs to be gutted and rebuilt.
Roof rafters are exposed from the fire/suppression. Full roof replacement is required.
Electrical system is destroyed — fire originated at the breaker box. Complete rewire and new panel required.
Sheetrock collapsed throughout from water damage during fire suppression. Full drywall replacement required in all rooms.
$100-110K in renovation costs estimated. See detailed scope of work here.
ARV estimated at $190K. Based on recent nearby sales.
1716 Victoria Ln, Anniston (3/2, 1,449 SF, sold in Apr 2026 for $205K)
Move-in ready 3/2 ranch in the same 36207 zip, built 1977. Recently updated with new windows, fresh paint, and enhanced insulation. Sold above list price — strong demand signal for renovated ranch homes in the area.
805 Hilton Rd, Anniston (3/2, 1,405 SF, sold in 2026 for $186K)
Comparable 3/2 single-family in 36207 with similar square footage to the subject property. Sold at $132/sqft — a strong baseline comp for a fully renovated 1,336 SF home.
Property Pictures
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Disclaimer
All information provided herein is deemed reliable but is not guaranteed. Buyers are advised to conduct their own due diligence. Property is being assigned with equitable interest. ARV estimates, rent projections, and renovation recommendations are based on third-party data and investor opinion. Property is sold as-is, where-is. Access subject to seller approval.