643 EMERSON Street

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643 EMERSON Street Montgomery AL 36108

Price: $29,900 MLS # 589238 Status: Active

2
1
864
Residential - Single Family Residence
1950

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.

Owner / Broker

Hayden Hudson

(334) 467-1212
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Features

Primary Features

County Montgomery
Property Sub Type Single Family Residence
Property Type Residential
Subdivision Peacock
Year Built1950

Interior

Appliances Convection Oven, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer
Cooling Window Units
Fireplace Features One
Flooring Carpet, Vinyl
Heating Space Heater
Interior Features Workshop, Window Treatments
Levels One
Living Area Source Assessor
RoomsTotal5

External

Construction Materials Masonite, Wood Siding
Exterior Features Fully Fenced, Storage
Lot Features City Lot, Mature Trees
Lot Size Dimensions40 X131
Parking Features Driveway
Pool Features None
PSewer Public Sewer
Utilities Cable Available, Electricity Available, Natural Gas Available
Water Source Community Coop

Location

Elementary School Nixon Elementary School
High School Lanier Senior High School
Middle Or Junior School Bellingrath Middle School
MLS Area MajorMONT-SW Mont/Regional Airport
MLS Area MinorMontgomery Area Association of Realtors

Additional

MLS Status Active
PermissionIDX
Year Built Source Public Records

Financial

Possession Closing

Directions

From west on Fairview turn right on Rosa Parks then left on Emerson home on left.

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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.