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425 Arthur Street , #2

Montgomery, AL 36107
  • $44,900
  • STATUS: Active
  • ON SITE: 109 Days
  • MLS #: 549967
$44,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1920
County:
Area:

School Information

Middle School:
,

Description

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 $400 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 $875 per month under the Section 8 program and have the government guarantee your rental income. Property should be valued at over $100,000 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.

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[Montgomery Area Association of Realtors] logo © 2024 Montgomery Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Josh Vernon Group | Keller Williams. Data last updated: 2024-04-20T12:51:53.34.

www.joshvernongroup.com/homes/146311334
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425 Arthur Street , #2 Montgomery, AL 36107

  • Price: $44,900
  • Status: Active
  • On Site: 109 Days
  • MLS #: 549967
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Highland Park
County:
Montgomery
Area:
Montgomery
Middle School:
,
Property Description
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 $400 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 $875 per month under the Section 8 program and have the government guarantee your rental income. Property should be valued at over $100,000 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.
Exterior Features

Construction Materials Wood Siding Pool Features None Waterfront YN No

Interior Features

Appliances Refrigerator Water Heater Flooring Vinyl Wood Interior Features Eatin Kitchen

Property Features

Architectural Style One Story Association YN No Lease Amount 400 Lease Considered YN No Levels One Listing Terms Cash Conventional Lot Features City Lot New Construction YN No Number Of Units In Community 2 Owner Pays None Possession Close Of Escrow Sewer Public Sewer Stories 1 Tax Legal Description CAMPBELL LOT 6 BLK 5 PLAT BK 2 PG 32 Tenant Pays All Utilities Utilities Unknown Water Source Public

[Montgomery Area Association of Realtors] logo Listing provided by David Herman of David Herman Realty: 334-207-2464.



[Montgomery Area Association of Realtors] logo © 2024 Montgomery Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Josh Vernon Group | Keller Williams. Data last updated: 2024-04-20T12:51:53.34.

 
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Josh Vernon Group | Keller Williams
Birmingham AL,