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2431 & 2433 Hickman Street Montgomery, AL 36108

MLS #: 588144

ResidentialIncome: 

$79999

2431 & 2433 Hickman Street
Montgomery, AL 36108 (View Map)

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Description

High-Yield Duplex Opportunity in Montgomery — Rare Value-Add with Major CapEx Already Completed! Investors, portfolios, and savvy buyers, take note! This solid duplex is the perfect vehicle to maximize your cash flow and build immediate equity. Delivered completely vacant, this property bypasses the headache of inherited under-market leases, giving you a blank canvas to screen and place premium tenants at today's maximum rates from day one! The Winning Strategy: Section 8 Friendly & Ready: One side has a proven track record of Section 8 eligibility, streamlining the approval process with the local housing authority so you can start collecting guaranteed, subsidized rent checks fast. Remodeled & Near the Finish Line: The second unit has been beautifully remodeled and is just a tiny stretch away from being 100% rent-ready—it only needs shower valves installed to finish the job! Massive Capital Expense Savings: Forget about budgeting tens of thousands for major mechanical or structural failures. The roof is only 5 years old, and both units feature brand-new mini-split HVAC systems (just 1 year old) for peak energy efficiency and low utility overhead. Whether you choose to place two premium voucher tenants for maximum yield or finish the minor plumbing to build out a high-performing addition to your portfolio, properties with systemic updates this young do not last long. Sold as-is. Don’t miss your chance to claim this prime wealth-builder—schedule your showing today!

Listing Details

List Agent: Cliff Glansen

Phone:954-965-3990

List Office: FlatFee.com
Office Phone: 954-965-3990

Details

MLS #: 588144
Listing Price: $79999
Heating: HeatPump
Cooling: CentralAir,Electric
Middle Or Junior School: ,
Architectural Style: OneStory
County Or Parish: Montgomery
Flooring: Tile,Vinyl
Interior Features: LivingDiningRoom
Levels: One
Mls Status: Active
Number Of Units Total: 2
Original List Price: 79999
Parcel Number: 11-06-23-2-002-061.000
Sewer: PublicSewer
Tax Annual Amount: 19
Tax Legal Description: RICHARD FELDER PLAT LOT 60 BLK 5 PLAT BK 3 PG 28
Utilities: ElectricityAvailable
Water Source: Public

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