2412 E 4TH Street

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2412 E 4TH Street Montgomery AL 36106

Price: $50,000 MLS # 587891 Status: Active

3
1
1,000
Residential - Single Family Residence
1965

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.

Owner / Broker

Hayden Hudson

(334) 467-1212
Email Directly

Features

Primary Features

County Montgomery
Property Sub Type Single Family Residence
Property Type Residential
Subdivision Uplands
Year Built1965

Interior

Appliances Electric Range, Gas Water Heater, Refrigerator, Dryer, Washer
Cooling None
Flooring Laminate, Parquet, Vinyl, Wood
Heating Central, Gas
Interior Features Linen Closet
Levels One
Living Area Source Assessor
RoomsTotal9

External

Construction Materials Brick
Exterior Features Fully Fenced, Porch, Patio
Foundation Details Slab
Lot Features City Lot, Mature Trees
Lot Size Dimensions50 X 150
Parking Features Driveway
Patio And Porch Features Patio, Porch
Pool Features None
PSewer Public Sewer
Utilities Cable Available, Electricity Available, Natural Gas Available
Water Source Public

Location

Elementary School Dannelly Elementary School
High School Jefferson Davis High School
Middle Or Junior School Southlawn Middle School
MLS Area MajorMONT-S Central Mont City
MLS Area MinorMontgomery Area Association of Realtors

Additional

MLS Status Active
PermissionIDX
Year Built Source Public Records

Financial

Possession Close Of Escrow

Directions

Carterhill to Mullberry,turn Rt.onto E. Fourth St,go 4 blks house on right

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The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than Builder New Homes are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. This information provided is 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 herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Listing information © 2018 Multiple Listing Service, inc. of Montgomery Area Association of REALTORS®, Inc.