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.
13 days
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633
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51
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Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Casey Johnson334-495-4000,
Harris And Atkins Real Estate
Source: MAAR,MLS#: 589238Originating MLS: Montgomery Area Association Of Realtors
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Primary bedroom
Level: First
Bathroom
Level: First
Dining room
Level: First
Family room
Level: First
Living room
Level: First
Heating
Space Heater
Cooling
Window Unit(s)
Appliances
Included: Convection Oven, Dishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Dryer, Washer
Features
Workshop, Window Treatments
Flooring: Carpet, Vinyl
Windows: Blinds, Window Treatments
Number of fireplaces: 1
Fireplace features: One
Interior area
Total interior livable area: 864 sqft
Property
Parking
Parking features: Driveway
Features
Levels: One
Stories: 1
Exterior features: Fully Fenced, Storage
Pool features: None
Fencing: Full
Lot
Size: 5,227 Square Feet
Dimensions: 40 x 131
Features: City Lot, Mature Trees
Details
Additional structures: Storage
Parcel number: 1106133010008.000
Construction
Type & style
Home type: SingleFamily
Architectural style: One Story
Property subtype: Single Family Residence
Materials
Masonite, Wood Siding
Condition
New construction: No
Year built: 1950
Utilities & green energy
Sewer: Public Sewer
Water: Community/Coop
Utilities for property: Cable Available, Electricity Available, Natural Gas Available