4064 BERWICK Drive, Montgomery, AL 36105

$75,000
: 3
BD
: 3
BA
: 1,841
SqFt

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List Price: $75,000
Status: ACTIVE
Days on Market: 8
MLS#: 589191
Subtype: Residential
Foreclosure: Yes
Style: One Story
Architectural Style: One Story
Year Built: 1964
Bedrooms: 3
Bathrooms: 3
Full Baths: 2
Half Baths: 1
Living Area: 1,841
Subdivision: Southwest Homes
Neighborhood: Southwest Homes
MLS Area Major: MONT-SW Mont/Regional Airport

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Property Description

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.

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