3729 PRINCETON Road
Montgomery, AL 36111
- $130,000
- 3
- 2
- 2100 Sq.Ft.
Description
Portfolio Valuation vs. Asking Pricernrn-Combined Individual Asking Prices: $80k + $60k + $70k + $130k = $340,000rn-Bundled Investment Listing Price: $240,000rn-Instant Investor Equity: The $240,000 bundle price reflects a $100,000 discount (~29% off) compared to purchasing/valuing the properties individually, giving the buyer immediate built-in equity to cover the repair work on 2429 E 4th street.rnrnProperty Portfolio Breakdown:rnrn-3808 Dilworth Rd (36108) | Twin Gates / West Montgomery Specs: 3 Bed / 1 Bath | 1,040 sq ft Individual List / Val: ~$80,000 Rent Analysis: Current market rent is ~$1,200/mo. Under Section 8 (MHA / HUD Fair Market Rent for 36108), 3-bedroom payment standards range from $1,130 to $1,150/mo.rn-2412 E. 4th St (36106) | Uplands / Near Huntingdon CollegeSpecs: 3 Bed / 1 Bath | 1,000 sq ft Individual List / Val: ~$60,000 Rent Analysis: Previous rent was $1,000/mo. Under MHA Section 8 voucher standards, 3-bedroom units in 36106 can generate $1,150 u2013 $1,200/mo. rn-2429 E. 4th St (36106) | Uplands / Near Huntingdon College Specs: 3 Bed / 1 Bath | 988 sq ft Individual List / Val: ~$70,000 Rent Analysis: Rental baseline is $1,100/mo. Section 8 upside supports $1,150 u2013 $1,200/mo. (The Tree-Damaged / Value-Add Property) rn-3729 Princeton Rd (36111) | Normandale Estates Specs: 3 Bed / 2 Bath | ~2,100 sq ft Individual List / Val: ~$130,000 (As-Is/Fixed-up Comp Value: $150ku2013$170k+)Rent Analysis: Rents in the immediate area for 3/2 single-family homes run $1,300 to $1,400+/mo upon completion.
Features
| Beds Full: | 3 |
| Baths Full: | 2 |
| SQFT: | 2100 |
| Acres: | 0.50 |
| Year Built: | 1956 |
| Water: | Public |
| Utilities: | Natural Gas Available |
| Elementary School: | Bellingrath Middle School |
| High School: | Lanier Senior High School |
| Construction: | Brick |
| Cooling: | Central Air, Ceiling Fans, Electric |
| Exterior: | Covered Patio, Fully Fenced, Storage |
| Flooring: | Brick, Vinyl, Wood |
| Foundation: | Slab |
| Heating: | Central, Gas |
| Interior: | Skylights, Window Treatments |
| Kitchen: | Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Dryer, Washer |
| Parking: | Attached Carport |
| Pool Type: | None |
Directions
From South Blvd, turn right onto Norman bridge road, then another right on to Princeton road
Courtesy of: The Ville Real Estate
Montgomery Metro Realty
- (334) 277-9100
- Contact Us
