36 MICHIGAN Avenue
Montgomery, AL 36110
- $49,900
Description
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.
Features
| Year Built: | 1940 |
| Water: | Public |
| Utilities: | Electricity Available, Natural Gas Available |
| Construction: | Wood Siding |
| Cooling: | Window Units |
| Exterior: | Concrete Driveway, Gravel Driveway |
| Flooring: | Vinyl, Wood |
| Heating: | Space Heater |
| Interior: | Eatin Kitchen |
| Kitchen: | Gas Water Heater |
| Parking: | Concrete, Driveway, Gravel |
| Pool Type: | None |
Directions
FROM LOWER WETUMPKA TURN ONTO MICHIGAN, HOUSE IS ON RT JUST PASS STOP SIGN
Courtesy of: David Herman Realty
Montgomery Metro Realty
- (334) 277-9100
- Contact Us
