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36 MICHIGAN Avenue
Montgomery, AL 36110

  • $49,900
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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

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Courtesy of: David Herman Realty
  • Montgomery Metro Realty

  • (334) 277-9100
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Montgomery Metro
4755 Woodmere Blvd.
Montgomery, AL
36106, USA

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(334) 277-9100


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sales@montgomerymetro.com
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  • Contact
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