2431 & 2433 Hickman Street, Montgomery, AL 36108

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List Price
$59,999
Price Change
▼ $5,000 1787089069
Days on Market
97
Status
ACTIVE
MLS#
588144

Property Description

High-Yield Duplex Opportunity in Montgomery — Rare Value-Add with Major CapEx Already Completed! Investors, portfolios, and savvy buyers, take note! This solid duplex is the perfect vehicle to maximize your cash flow and build immediate equity. Delivered completely vacant, this property bypasses the headache of inherited under-market leases, giving you a blank canvas to screen and place premium tenants at today's maximum rates from day one! The Winning Strategy: Section 8 Friendly & Ready: One side has a proven track record of Section 8 eligibility, streamlining the approval process with the local housing authority so you can start collecting guaranteed, subsidized rent checks fast. Remodeled & Near the Finish Line: The second unit has been beautifully remodeled and is just a tiny stretch away from being 100% rent-ready—it only needs shower valves installed to finish the job! Massive Capital Expense Savings: Forget about budgeting tens of thousands for major mechanical or structural failures. The roof is only 5 years old, and both units feature brand-new mini-split HVAC systems (just 1 year old) for peak energy efficiency and low utility overhead. Whether you choose to place two premium voucher tenants for maximum yield or finish the minor plumbing to build out a high-performing addition to your portfolio, properties with systemic updates this young do not last long. Sold as-is. Don’t miss your chance to claim this prime wealth-builder—schedule your showing today!

Additional Information

Neighborhood
Rural
Stories
1
Interior Features
Living/Dining Room
Flooring
Tile, Vinyl
Heating
Heat Pump
Cooling
Central Air, Electric
Utilities
Electricity Available
Water
Public
Sewer
Public Sewer
Middle School
,

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
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Calculator source: Real Geeks

Listing courtesy of FlatFee.com.