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Updated about 6 years ago on .

User Stats

141
Posts
156
Votes
Jared Garfield
  • Rental Property Investor
  • Montgomery, AL
156
Votes |
141
Posts

5/2 Won't Last! Fully Renovated 1,638 sq ft with 1 car garage!

Jared Garfield
  • Rental Property Investor
  • Montgomery, AL
Posted

This home has $850 direct deposit rent every month and the property is rented below market so this is a value add property because rents should be increased to $875 or $900 when lease ends in September of 2019.  The home features a huge living room, an eat in kitchen with lots of cabinets, new countertops and appliances, a gigantic den on the lower level and a 1 car garage. There are newly refinished hardwood floors, updated bathrooms, and a newer condensing unit. This deal is hard to beat, and is rented for $850 per month and should be an excellent turn key income property! Call for proforma, renovation scope and more details.  Huntsville inventory is going really fast and is pretty limited, it's a really hot market but you can buy homes at prices that are hard to find elsewhere in the country.  Taxes much lower than everywhere else because Alabama is #48 in the country for property tax.  This means you can cash flow about $100 better per month than many markets.   Square footage is per tax records and buyer should verify.

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