Tenant-occupied 1BR/1BA investment property generating $550/month in rental income. The home is in good condition and requires minimal maintenance, making it an excellent buy-and-hold opportunity. Start collecting rent from day one while building long-term wealth through consistent cash flow. Affordable, income-producing properties like this are hard to find.
This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Long term tenant in place paying $550 a month.
Property Features
Utilities
Cable Available
Electricity Available
Natural Gas Available
Cooling Information
Window Unit(s)
Heating Information
Space Heater
Water Features
Public
Parking
Driveway
School Information
School Information for 643 EMERSON Street, Montgomery, AL 36108
Elementary School
Nixon Elementary School
Middle School
Bellingrath Middle School,
High School
Lanier Senior High School
Listing Courtesy: Harris And Atkins Real Estate - 334-495-4000