Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 3-bedroom, 1-bathroom single family at 1618 MIDWAY STREET in Montgomery, AL is listed for $86,000 ($87 per sqft). Built in 1970, the home offers 990 sqft of living space on a 0.19 acres lot.
Income-producing property with an established Section 8 tenant paying $1,100 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.
Key Features
- Built in 1970
- 0.19 acre lot
Property Details
Amenities
Monthly Cost Estimate
$460/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1618 MIDWAY STREET
Montgomery, AL 36110
PAGE BRANCH ESTATES
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1618 MIDWAY STREET is listed at $86,000 ($87/sqft). The estimated monthly payment is $373 based on 20% down at 6.5% interest.
Key features include: Built in 1970, 0.19 acre lot.
This property is listed by Tony Alvarez and can be reached at 2053703248 or tony@tonyalvarez.realtor.