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128 South Madison Terrace

Montgomery AL 36107

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Currently for sale - view listing

Overview

Great investment property! Brick duplex in historic Capitol Heights. Each unit offers 1 bedroom, 1 bath, providing low maintenance living in a convenient layout. One side is currently occupied by a long-term tenant paying $635 per month, while the other side is vacant and ready to lease. Ideal for an investor looking to generate rental income with the potential to increase cash flow by leasing the vacant unit. There is also room to expand the upstairs to a 2-bedroom unit on the right side. New hot water heaters on both sides. Tenants pay all utilities except water and trash. This duplex can be purchased by itself or as a package with either one or two other single-family homes. Call to schedule an appointment.

Features

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Property history for 128 South Madison Terrace

2022
Sold
$85,000
27 Apr 2022 by Dana Sikes, of Century 21 Southern Star

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Local market activity for other properties in Montgomery

In the last 12 months, 7 other properties similar to 128 South Madison Terrace, have been sold.

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