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2412 E 4TH Street, Montgomery, AL 36106

$60,000
: 3
BD
: 1
BA
: 1,000
SqFt

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List Price: $60,000
Days on Market: 107
Status: ACTIVE
MLS#: 587891
Bedrooms: 3
Bathrooms: 1
Full Baths: 1
Living Area: 1,000
Lot Size (Acres): 0.17
Year Built: 1965

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Property Description

Portfolio Valuation vs. Asking Price -Combined Individual Asking Prices: $80k + $60k + $70k + $130k = $340,000 -Bundled Investment Listing Price: $240,000 -Instant Investor Equity: The $240,000 bundle price reflects a $100,000 discount (~29% off) compared to purchasing/valuing the properties individually, giving the buyer immediate built-in equity to cover the repair work on 2429 E 4th street. Property Portfolio Breakdown: -3808 Dilworth Rd (36108) | Twin Gates / West Montgomery Specs: 3 Bed / 1 Bath | 1,040 sq ft Individual List / Val: ~$80,000 Rent Analysis: Current market rent is ~$1,200/mo. Under Section 8 (MHA / HUD Fair Market Rent for 36108), 3-bedroom payment standards range from $1,130 to $1,150/mo. -2412 E. 4th St (36106) | Uplands / Near Huntingdon CollegeSpecs: 3 Bed / 1 Bath | 1,000 sq ft Individual List / Val: ~$60,000 Rent Analysis: Previous rent was $1,000/mo. Under MHA Section 8 voucher standards, 3-bedroom units in 36106 can generate $1,150 – $1,200/mo. -2429 E. 4th St (36106) | Uplands / Near Huntingdon College Specs: 3 Bed / 1 Bath | 988 sq ft Individual List / Val: ~$70,000 Rent Analysis: Rental baseline is $1,100/mo. Section 8 upside supports $1,150 – $1,200/mo. (The Tree-Damaged / Value-Add Property) -3729 Princeton Rd (36111) | Normandale Estates Specs: 3 Bed / 2 Bath | ~2,100 sq ft Individual List / Val: ~$130,000 (As-Is/Fixed-up Comp Value: $150k–$170k+)Rent Analysis: Rents in the immediate area for 3/2 single-family homes run $1,300 to $1,400+/mo upon completion.

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Additional Information

Neighborhood: Uplands
Stories: 1
Interior Features: Linen Closet
Exterior Features: Fully Fenced, Porch, Patio
Flooring: Laminate, Parquet, Vinyl, Wood
Heating: Central, Gas
Cooling: None
Utilities: Cable Available, Electricity Available, Natural Gas Available
Water: Public
Sewer: Public Sewer
Elementary School: Dannelly Elementary School
Middle School: Southlawn Middle School,
High School: Jefferson Davis High School