2412 4TH Street E,Montgomery, AL 36106

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Property Type
Residential
Square Feet
1,000 sq. ft.
Bedrooms
3 Bedrooms
Bathrooms
1
Price
$60,000
MLS #
#587891

About This Property

Portfolio Valuation vs. Asking Price

-Combined Individual Asking Prices: $80k + $60k + $70k + $130k = $340,000
-Bundled Investment Listing Price: $240,000
-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.

Property Portfolio Breakdown:

-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.
-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 – $1,200/mo.
-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 – $1,200/mo. (The Tree-Damaged / Value-Add Property)
-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: $150k–$170k+)Rent Analysis: Rents in the immediate area for 3/2 single-family homes run $1,300 to $1,400+/mo upon completion.

List Price
$60,000
Status
Active
MLS ID
587891
Town
Montgomery
Neighborhood
Uplands
County
Montgomery
Zip
36106
Property Type
Residential
Property Sub Type
SingleFamilyResidence
Acres
0.17
City Postal
Montgomery
Construction
Brick
Cooling
None
Directions
Carterhill to Mullberry,turn Rt.onto E. Fourth St,go 4 blks house on right
Flooring
Laminate,Parquet,Vinyl,Wood
Heating
Central,Gas
Lot Dimension
50 X 150
Original List Price
$60,000
School Elementary
Dannelly Elementary School
School High
Jefferson Davis High School
School Middle
Southlawn Middle School,
Utilities Available
CableAvailable,ElectricityAvailable,NaturalGasAvailable