36 MICHIGAN Avenue, Unit A&B,Montgomery, AL 36110

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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