36 MICHIGAN Avenue A&B Montgomery AL 36110

$44,900
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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 is rented for $450 a month with tenant paying a $75 late fee each month! If both sides are rented at the Section 8 maximum rate of $875 per month the pro-forma income for the year will be $21000 and the property value would be at least $100k! Property needs some rehab to be rent ready.

Courtesy of: David Herman Realty

MLS #
494218

RPG Realty

Tel: (334) 481-0116

Email: info@rpg-realty.com

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