This 5 bedroom, 2 bath large home is very versatile as it can be a single family residence or a duplex. Best of all you can fix it up to suit your needs. The property needs rehab but after it is fixed up it can be a nice primary home or could be an income-producing investment property.
If the property is made into a duplex and both sides are rented under the Section 8 program you can expect to receive up to a total of $1500 per month which would make the value of the property over $100000. Or you could live in the larger side of the home and rent out the smaller side, and the tenant would pay your mortgage for you! Another possibility and potential advantage as the owner of this property is that it is located in a growing commercial area and could very well be worth even more in the future.
The location is ideal as it is in the heart of midtown Montgomery and close to a hospital, shopping and a 5-minute drive to the interstate. Make this home into what you want it to be! It has endless possibilities.