Description

TURNKEY CASH-FLOWING ASSET | MHA TENANT AT $1,300/MO | MAJOR EMPLOYMENT CORRIDORrnrnInstant gross cash flow from day one! This 3 BR / 2 BA single-story brick home (1,441 sqft) comes fully tenant-occupied at $1,300/month backed by MHA (Montgomery Housing Authority). Situated on a quiet street in Southlawn, this low-maintenance slab-foundation home featuring interior updatesu2014including laminate flooring, open living layout, and modern appliancesu2014offers an exceptional, hands-off add to any real estate portfolio.rnrnStrategic Industrial & Tech Hub Location:rnrnPerfectly positioned just minutes from Montgomery Regional Airport (MGM), Hyundai Motor Manufacturing, Amazon Fulfillment Center, FedEx Freight, and I-65. Even better: it sits directly in the growth shadow of Metau2019s new $1.5B+ Data Center campus currently under construction/expansion, bringing thousands of trade workers and long-term tech jobs to the immediate submarket.rnrnTenant Draw & Convenience:rnrnBlocks from Southlawn Elementary and Middle Schools, family care clinics, and a quick 10-minute commute to Downtown Montgomery. Low annual property taxes ($440/yr) maximize net operating income. Do not miss this high-performing income generator.rnrn307 Daman Dr (Subject Property): Tax Assessed at $100,100. Automated Valuation Models (AVMs) estimate value between $130,000 u2013 $140,000.rnrn423 Daman Dr: 3 BD / 2 BA (1,460 sq ft) u2013 Sold for $120,000rnrn377 Green Leaf Dr: 3 BD / 2 BA (1,792 sq ft) u2013 Sold for ~$125,000u2013$135,000+rnrn308 Upton Rd: 3 BD / 2 BA (1,301 sq ft) u2013 Sold recently in the $95ku2013$110k range

Features

Directions

I65 South to Mobile, right on EXIT 167 (80 West) 0.2 miles Mobile Hwy to Hope Hull, 0.8 miles left on Greenleaf Drive, 0.3 miles right on W Shades Valley Drive, 300 ft. left on DAMAN Dr, 150 ft. house is on the left.

Courtesy of: The Ville Real Estate