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36 MICHIGAN Avenue Montgomery, AL 36110

Status: Active | MLS #: 494218

  • $49,900

  • 0 Sq.Ft.
Here is a value-added rental property to start or add to your rental portfolio. This duplex property has one bedroom and one bath on each side and currently has one side rented at $400 per month. The other side could be rented under the Section 8 program for as much as $600 per month, and rents will be government guaranteed. If both sides are rented at the Section 8 maximum rate of $600 per month the pro-forma income for the year will be understated, and the property value could be as high as $86000. Property needs some rehab to be rent ready. Call listing broker to see the vacant side.
Courtesy of: David Herman Realty

Features

  • Parking: Concrete, Driveway
  • Junior/Middle School: ,
  • Pool Type: None
  • Utilities: Electricity Available, Natural Gas Available
  • Water: Public
  • Cooling: Window Units
  • Exterior: Concrete Driveway, Gravel Driveway
  • Heating: Space Heater
  • Cooling: Window Units
  • Flooring: Vinyl, Wood
  • Construction: Wood Siding
  • Kitchen: Gas Water Heater
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Location

FROM LOWER WETUMPKA TURN ONTO MICHIGAN, HOUSE IS ON RT JUST PASS STOP SIGN