425 Arthur Street, Unit 2,Montgomery, AL 36107

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Property Type
Residential Income
Price
$49,900
MLS #
#494252

About This Property

This duplex property is a great investment located in Midtown Montgomery near Jackson Hospital and only minutes away to the interstate, downtown Montgomery and numerous shopping and dining locations. Each side has one bedroom and one bath and one side is currently leased at $355 per month but tenant is on a month-to-month lease. After fixing up the units and getting them rent ready you could increase the rent to as much as $600 per month under the Section 8 program and have the government guarantee your rental income. Property should be valued at over $86000 after obtaining optimum rents. Best of all tenants pay all utilities even water and garbage. Act quickly to add this property to your rental portfolio.

List Price
$49,900
Status
Contingent
MLS ID
494252
Town
Montgomery
Neighborhood
Highland Park
County
Montgomery
Zip
36107
Property Type
Residential Income
City Postal
Montgomery
Construction
Wood Siding
Directions
Take Ann Street exit off I-85 go North and take left onto Highland Avenue and then take a right onto Arthur.
Flooring
Vinyl,Wood
Original List Price
$49,900
Utilities Available
Unknown