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    625 E Patton Avenue

    Montgomery, AL 36111
    • $139,900
    • STATUS: Active
    • ON SITE: 104 days
    • MLS #: 491904
    UPDATED: 55 min ago
    $139,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:
    Area:

    School Information

    Middle School:
    ,

    Description

    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 $700 per unit on the Section 8 program. The complex is all brick and has a secure entry door and best of all the tenants pay all utilities including water and garbage. This 4-unit building when fully leased can generate over $33,000 per year and will be worth close to $200,000.Seller is doing some minor repairs. Serious offers only please!Thank you!

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    © 2021 Montgomery Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or David Kahn & Company Real Estate. Data last updated: 2021-07-24T22:20:30.387.

    www.davidkahn.com/homes/115999573
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    625 E Patton Avenue Montgomery, AL 36111

    • Price: $139,900
    • Status: Active
    • Updated: 55 min ago
    • MLS #: 491904
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Normandale Estates
    County:
    Montgomery
    Area:
    Montgomery
    Middle School:
    ,
    Property Description
    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 $700 per unit on the Section 8 program. The complex is all brick and has a secure entry door and best of all the tenants pay all utilities including water and garbage. This 4-unit building when fully leased can generate over $33,000 per year and will be worth close to $200,000.Seller is doing some minor repairs. Serious offers only please!Thank you!
    Exterior Features

    Construction Materials Brick Parking Features Parking Pad Waterfront YN No

    Interior Features

    Appliances Electric Water Heater Cooling None Cooling YN No Flooring Wood Heating CentralGas Heating YN Yes Interior Features Living/Dining Room

    Property Features

    Architectural Style Two Story Association YN No Foundation Details Slab Gross Income 30800 Lease Considered YN No Levels Two Listing Terms CashConventional Lot Features City Lot MLSArea Minor Montgomery Area Association Of Realtors New Construction YN No Number Of Pads 4 Number Of Units In Community 4 Possession Close Of Escrow Sewer Public Sewer Stories 2 Tax Annual Amount 356 Tax Legal Description Normandale Est Section 2 Lot 20 Blk 11 Plat Bk012 Page 046 Tenant Pays All Utilities Utilities Natural Gas Available Water Source Public

    Listing provided courtesy of David Herman of David Herman Realty.



    © 2021 Montgomery Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or David Kahn & Company Real Estate. Data last updated: 2021-07-24T22:20:30.387.

     
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    David Kahn & Company Real Estate
    2157 Taylor Road
    Montgomery AL, 36117