36 Michigan Avenue # A&B Montgomery, AL
$ 49,900
Property Attributes
  • MLS#494218
  • TypeContingent
  • CityMontgomery
  • NeighborhoodChisholm
  • Zip36110
  • StyleOne Story
  • Year Built1940
  • Taxes$ 97
  • Price$ 49,900
  • Bedrooms2
  • Full Bathrooms2
  • Half Bathrooms0
Listing Provided Courtesy Of:
David Herman Realty
Data Source:
Montgomery MLS (MAAR) - 306 - AL
Property Description

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.

Price History
5/15/2021 Listed $49,900

General Features

Appliances Gas Water Heater
Architectural Style One Story
Construction Materials Wood Siding
Cooling Window Unit(s)
Exterior Features Concrete Driveway, Gravel Driveway
Flooring Vinyl, Wood
Heating Space Heater
Interior Features Eat-in Kitchen
Levels One
Listing Agent State License 0011073
MLS Area MONT-N Montgomery City
Mlsareaminor Montgomery Area Association of Realtors
Pool Features None
Property Type Residential Income
Sewer Public Sewer
Status Contingent
Stories 1
Subdivision Name Chisholm
Terms Cash, Conventional
Total Units 2
Utilities Electricity Available, Natural Gas Available

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Features City Lot
Lot Size Units Acres
Parking Features Concrete, Driveway, Gravel
Water Source Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 36110

AVG $130K
AVG $964
AVG 21
Year Built
AVG 1963
AVG 21
Data Provided by Walkscore ® not using MLS data

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