1618 Midway Street, Montgomery, AL 36110
- $86,000
- 3
- BD
- 1
- BA
- 990
- SqFt
- List Price
- $86,000
- Status
- ACTIVE
- MLS#
- 21456815
- Year Built
- 1970
- Bedrooms
- 3
- Full-baths
- 1
- Region
- Montgomery County
- Subdivision
- Page Branch Estates
Property Description
Income-producing property with an established Section 8 tenant paying $875 per month! This well-maintained 3-bedroom, 1-bath home offers a great opportunity for investors seeking stable cash flow and a valuable addition to their rental portfolio. The property features a newer HVAC system and a roof that is only six years old, helping minimize near-term capital expenses. Inside, you'll find a functional layout with a separate laundry room, adding convenience and appeal for tenants. This property provides immediate rental income from day one, making it ideal for both seasoned investors and those looking to expand their holdings with a low-maintenance asset. Whether you're building long-term wealth or seeking dependable monthly income, this property checks the boxes with strong rental demand, existing cash flow, and major system updates already in place. DON'T ASK FOR SELLER FINANCING, MORTGAGE TAKEOVER OR OTHER CREATIVE FINANCING METHODS WILL NOT BE CONSIDERED.
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Additional Information
- Acres
- 0.19
- Interior
- None
- Floors
- Vinyl
- Laundry
- Laundry (MLVL)
- Heating
- Central (HEAT)
- Cooling
- Central (COOL)
- Exterior
- None
- Foundation
- Crawl Space, Pillars/Support
- Parking
- Driveway Parking, On Street Parking
- Construction
- 1 Side Brick, Siding-Wood
- Elementary School
- Highland Gardens
- Middle School
- Capitol Heights
- High School
- Lanier
- Total Square Feet
- 990
Mortgage Calculator
Listing courtesy of Keller Williams Realty Hoover.