36 MICHIGAN Avenue A&B Montgomery AL 36110

$49,900
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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.

Courtesy of: David Herman Realty

MLS #
494218

RPG Realty

Tel: (334) 481-0116

Email: info@rpg-realty.com

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