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1618 MIDWAY STREET

MONTGOMERY, Alabama 36110

MLS # 21456815

Property type: Single Family

School zone: LANIER

$86,000

3 bedrooms · 1 bathrooms · 990 square feet · 0.19 acres

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About this home

Property description

Income-producing property with an established Section 8 tenant paying $875 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.

At a glance

Key property details

Property type
Single Family
Bedrooms
3
Bathrooms
1
Living area
990 sq. ft.
Lot size
0.19 acres
Garage spaces
0
Year built
1970
Finished basement
0 sq. ft.
Main-level living area
990 sq. ft.
Upper-level living area
0 sq. ft.
Fireplaces
0
Price per square foot
$87
Subdivision
PAGE BRANCH ESTATES
Waterfront
No
County
Montgomery

Property information

Additional details

Schools

High school
LANIER
Middle school
CAPITOL HEIGHTS
Elementary school
HIGHLAND GARDENS

Listing information

Listing firm
Keller Williams Realty Hoover