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Unit A/36 Michigan Avenue

Montgomery AL 36110

Multi-Family
Currently for sale - view listing

Overview

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.

Features

Multi-Family

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Local market activity for multi families in Montgomery

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(619) 566-0008
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