This duplex property is a great investment located in Midtown Montgomery near Jackson Hospital and only minutes away to the interstate, downtown Montgomery and numerous shopping and dining locations. Each side has one bedroom and one bath and one side is currently leased at $355 per month but tenant is on a month-to-month lease. After fixing up the units and getting them rent ready you could increase the rent to as much as $600 per month under the Section 8 program and have the government guarantee your rental income. Property should be valued at over $86000 after obtaining optimum rents. Best of all tenants pay all utilities even water and garbage. Act quickly to add this property to your rental portfolio.
Courtesy of: David Herman Realty
- MLS #494252