Seller's Agent in 2023
David Herman
David Herman Realty
(334) 207-2464
188 Total Sales
625 E Patton Ave Montgomery, AL 36111
--
Bed
--
Bath
--
Sq Ft
--
Built
Highlights
- Wood Flooring
- Central Heating
- Combination Dining and Living Room
- No HOA
About This Home
As of June 2023If you are a seasoned or new investor looking for a value-added investment property in a hot market, take a look at this 4-unit property in Normandale Estates. Each unit is large with 2 bedrooms, 1 bath and approximately 1000 square feet. Once the units are rehabbed you should have little maintenance costs and be able to receive at least $900 per unit on the Section 8 program. The complex is all brick, has a secure entry door, a new roof within the past year, some electrical work has been done and best of all the tenants pay all utilities including water and garbage. This 4-unit building when fully leased can generate over $43000 per year and should be worth approximately $260,000.
Property taxes are almost non existent at less than $40 a month!!
Serious offers only please!
Last Agent to Sell the Property
David Herman Realty License #0011073 Listed on: 12/11/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $356
Parking
- Parking Pad
Home Design
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- 2-Story Property
- Combination Dining and Living Room
- Wood Flooring
Utilities
- No Cooling
- Central Heating
- Electric Water Heater
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Tenant pays for all utilities
- The owner pays for insurance, lawn care, lawn maintenance, taxes
- Assessor Parcel Number 1009304012017.000
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/30/2023 06/30/23 | Sold | $199,000 | -0.5% | -- |
| 06/29/2023 06/29/23 | Pending | -- | -- | -- |
| 03/03/2023 03/03/23 | Price Changed | $199,900 | +11.1% | -- |
| 12/11/2022 12/11/22 | For Sale | $179,900 | +58.5% | -- |
| 12/28/2021 12/28/21 | Sold | $113,500 | -12.0% | -- |
| 12/18/2021 12/18/21 | Pending | -- | -- | -- |
| 11/02/2021 11/02/21 | Price Changed | $129,000 | -6.5% | -- |
| 08/07/2021 08/07/21 | Price Changed | $137,900 | -1.4% | -- |
| 06/10/2021 06/10/21 | Price Changed | $139,900 | -5.4% | -- |
| 05/20/2021 05/20/21 | Price Changed | $147,900 | -1.3% | -- |
| 04/23/2021 04/23/21 | Price Changed | $149,900 | +7.1% | -- |
| 04/09/2021 04/09/21 | For Sale | $139,900 | -- | -- |
Source: Montgomery Area Association of REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
David Herman
Map
Source: Montgomery Area Association of REALTORS®
MLS Number: 531217
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