Property Back to Results Property

643 EMERSON Street, Montgomery, AL 36108

$27,900
: 2
BD
: 1
BA
: 864
SqFt

Add to Favorites New Search

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Add to Favorites

List Price: $27,900
Price Change: ▼ $2,000 1787707717
Days on Market: 59
Status: ACTIVE UNDER CONTRACT
MLS#: 589238
Bedrooms: 2
Bathrooms: 1
Full Baths: 1
Living Area: 864
Lot Size (Acres): 0.12
Year Built: 1950

Refine Search

Property Description

Tenant-occupied 1BR/1BA investment property generating $550/month in rental income. The home is in good condition and requires minimal maintenance, making it an excellent buy-and-hold opportunity. Start collecting rent from day one while building long-term wealth through consistent cash flow. Affordable, income-producing properties like this are hard to find. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Long term tenant in place paying $550 a month.

Search All Properties

Additional Information

Neighborhood: Peacock
Stories: 1
Interior Features: Workshop, Window Treatments
Exterior Features: Fully Fenced, Storage
Fireplace Description: One
Flooring: Carpet, Vinyl
Heating: Space Heater
Cooling: Window Unit(s)
Utilities: Cable Available, Electricity Available, Natural Gas Available
Water: Community/Coop
Sewer: Public Sewer
Elementary School: Nixon Elementary School
Middle School: Bellingrath Middle School,
High School: Lanier Senior High School