Skip to main content

625 E Patton Avenue Montgomery AL 36111

If you are a seasoned or new investor looking for a value-added investment property in a hot market, take a look at this 4-unit property in Normandale Estates. Each unit is large with 2 bedrooms, 1 bath and approximately 1000 square feet. Once the units are rehabbed you should have little maintenance costs and be able to receive at least $900 per unit on the Section 8 program. The complex is all brick, has a secure entry door, a new roof within the past year, some electrical work has been done and best of all the tenants pay all utilities including water and garbage. This 4-unit building when fully leased can generate over $43000 per year and should be worth approximately $260,000.

Property taxes are almost non existent at less than $40 a month!!
Serious offers only please!

Courtesy of: David Herman Realty
  • MLS #

RPG Realty

Tel: (334) 481-0116

The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than RPG Realty are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. This information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Listing information © 2018 Multiple Listing Service, inc. of Montgomery Area Association of REALTORS®, Inc.