3729 PRINCETON Road

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3729 PRINCETON Road Montgomery AL 36111

Price: $95,000 MLS # 588112 Status: Active

3
2
2,100
Residential - Single Family Residence
1956

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 Normandale Estates
Year Built1956

Interior

Appliances Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Dryer, Washer
Cooling Central Air, Ceiling Fans, Electric
Flooring Brick, Vinyl, Wood
Heating Central, Gas
Interior Features Skylights, Window Treatments
Levels One
Living Area Source Assessor
RoomsTotal6

External

Construction Materials Brick
Exterior Features Covered Patio, Fully Fenced, Storage
Foundation Details Slab
Lot Features City Lot, Mature Trees
Lot Size Dimensions100 X 231.4
Parking Features Attached Carport
Patio And Porch Features Covered, Patio
Pool Features None
PSewer Public Sewer
Utilities Natural Gas Available
Water Source Public

Location

Elementary School Bellingrath Middle School
High School Lanier Senior High School
Middle Or Junior School Bellingrath Middle School
MLS Area MajorMONT-Central Montgomery/ Cloverdale/ASU
MLS Area MinorMontgomery Area Association of Realtors

Additional

MLS Status Active
PermissionIDX
Year Built Source Public Records

Financial

Possession Close Of Escrow

Directions

From South Blvd, turn right onto Norman bridge road, then another right on to Princeton road

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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.