15 1st Street
Luverne, AL 36049
- $248,000
Description
Live almost FREE here or EZ reno and make money! Upstairs 3/2 with lower 2/2 already set up to rent and offset your mortgage; Reno lower level into 2 units for a possible 3-unit set-up! Investor info: about 9% cap as-is, with value-add near 12%! This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.
Features
| Year Built: | 1936 |
| Water: | Public |
| Utilities: | Electricity Available |
| Construction: | Brick |
| Cooling: | Central Air, Gas |
| Flooring: | Carpet, Tile, Vinyl |
| Foundation: | Basement |
| Heating: | Central, Gas |
| Interior: | Living Dining Room |
| Kitchen: | Electric Water Heater |
| Parking: | Attached Carport |
Directions
Northeast corner of Jane Dr and E 1st St. (Just north of 29)
Courtesy of: FlatFee.com
Montgomery Metro Realty
- (334) 277-9100
- Contact Us
