- Property Type
- Residential Income
- Price
- $49,900
- MLS #
- #494218
About This Property
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.
- List Price
- $49,900
- Status
- Contingent
- MLS ID
- 494218
- Town
- Montgomery
- Neighborhood
- Chisholm
- County
- Montgomery
- Zip
- 36110
- Property Type
- Residential Income
- City Postal
- Montgomery
- Construction
- Wood Siding
- Cooling
- Window Unit(s)
- Directions
- FROM LOWER WETUMPKA TURN ONTO MICHIGAN, HOUSE IS ON RT JUST PASS STOP SIGN
- Flooring
- Vinyl,Wood
- Heating
- Space Heater
- Original List Price
- $49,900
- Utilities Available
- Electricity Available,Natural Gas Available