$75,000
Attention Buy-and-Hold Investors! 4064 Berwick Dr delivers steady cash flow with virtually zero immediate CapEx requirements. This 3 bed, 2.5 bath home offers brick construction, fresh cosmetic updates (paint and carpet), and key mechanical upgrades—including a 2025 water heater and 2022 HVAC system.
The layout maximizes tenant retention with a primary suite fireplace, double sink vanity, indoor laundry room, and a fenced yard with storage. Situated seconds from Gateway Park on a quiet street in 36105, this property sits in an established rental corridor with low property taxes, providing excellent debt coverage and net operating income.
-Tax Assessed Value: ~$100,300 (Montgomery County Assessor).
-Estimated Market Value: $85,000 – $110,000 depending on exit strategy and sales comps in the Southwest Homes subdivision.
-Annual Property Taxes: ~$412/year (exceptionally low carrying costs).
-Construction: Brick exterior, providing durability and low ongoing maintenance for landlords.
-Modernized 3-bedroom, 2.5-bathroom homes in the 36105 zip code with updated systems and fenced yards typically command $1150 to $1300/month depending on voucher programs (Section 8 / HUD) or market-rate tenants.
3
Beds
⋅
3
Baths
⋅
589191
MLS
4064 BERWICK Drive, Montgomery
Listing courtesy of The Ville Real Estate.