2431 & 2433 Hickman Street, Montgomery, AL 36108

$59,999

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$59,999
Status
ACTIVE
Days on Market
97
Price Change
▼ $5,000 1787089069
MLS#
588144
Subtype
Residential Income
Style
One Story
Architectural Style
One Story
Subdivision
Rural
Neighborhood
Rural
MLS Area Major
MONT-W Mont City/ Maxwell AFB

Property Description

High-Yield Duplex Opportunity in Montgomery — Rare Value-Add with Major CapEx Already Completed! Investors, portfolios, and savvy buyers, take note! This solid duplex is the perfect vehicle to maximize your cash flow and build immediate equity. Delivered completely vacant, this property bypasses the headache of inherited under-market leases, giving you a blank canvas to screen and place premium tenants at today's maximum rates from day one! The Winning Strategy: Section 8 Friendly & Ready: One side has a proven track record of Section 8 eligibility, streamlining the approval process with the local housing authority so you can start collecting guaranteed, subsidized rent checks fast. Remodeled & Near the Finish Line: The second unit has been beautifully remodeled and is just a tiny stretch away from being 100% rent-ready—it only needs shower valves installed to finish the job! Massive Capital Expense Savings: Forget about budgeting tens of thousands for major mechanical or structural failures. The roof is only 5 years old, and both units feature brand-new mini-split HVAC systems (just 1 year old) for peak energy efficiency and low utility overhead. Whether you choose to place two premium voucher tenants for maximum yield or finish the minor plumbing to build out a high-performing addition to your portfolio, properties with systemic updates this young do not last long. Sold as-is. Don’t miss your chance to claim this prime wealth-builder—schedule your showing today!

Additional Information

Interior Features
Living/Dining Room
Taxes
$19
Property Description
One Story
Flooring
Tile, Vinyl
Appliances
Electric Water Heater
Heating
Heat Pump
Air Conditioning
Central Air, Electric
Stories
1
Levels
One
Middle School
,

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of FlatFee.com.