1683 Yarbrough Street, Montgomery, AL 36110 | MLS 404760 | Listing Information
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1683 Yarbrough Street, Montgomery, AL 36110

$67,000
|
|
MLS# 404760
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Last Updated: 12/3/2016 7:23 PM
Description for 1683 Yarbrough Street Montgomery, AL 36110
Investor Special! Owner liquidating three homes (1683, 1677 & 1687 Yarbrough) for $67,800 quick sale. Cash flow for last several years has been approx. 1,550/m with expenses of approx. 220/m. This allows for about 1330 per month. All properties are currently rented. Providing a country atmosphere in the city, the homes are nestled in a deep lots with picket fencing and pecan/magnolia trees. Properties surrounded by settled neighbors who are either homeowners or long-term renters. All properties have had exterior and/or interior painting updates in last 12 months. Property#1: 1683 Yarbrough is 2bed/1bath with front country porch, formal living & dining room, large den/family room with fire place, crown molding, hardwood floors and office space with separate entrance currently used as a 3rd bedroom. Tax records do not reflect spacious den/family room addition. Rents $550/mo.Property#2: 1677 Yarbrough is 1bed/1bath with living/dining room combo, kitchen, carpeted rooms. Rents $450/mo.Property#3: 1687 Yarbrough is 2bed/1bath with living room & kitchen. Also has central heat/air, tiled kitchen floor and hardwood floors. Rents $550/mo. All properties sold as-is condition. Owner will not make improvements, corrections or modifications.Owner will finance with $50,000 down, $700/mo. @ 4.5% with balloon payment for remaining balance due in 3 years.
Price
$67,000
Montg
404760
Active
Description
Investor Special! Owner liquidating three homes (1683, 1677 & 1687 Yarbrough) for $67,800 quick sale. Cash flow for last several years has been approx. 1,550/m with expenses of approx. 220/m. This allows for about 1330 per month. All properties are currently rented. Providing a country atmosphere in the city, the homes are nestled in a deep lots with picket fencing and pecan/magnolia trees. Properties surrounded by settled neighbors who are either homeowners or long-term renters. All properties have had exterior and/or interior painting updates in last 12 months. Property#1: 1683 Yarbrough is 2bed/1bath with front country porch, formal living & dining room, large den/family room with fire place, crown molding, hardwood floors and office space with separate entrance currently used as a 3rd bedroom. Tax records do not reflect spacious den/family room addition. Rents $550/mo.Property#2: 1677 Yarbrough is 1bed/1bath with living/dining room combo, kitchen, carpeted rooms. Rents $450/mo.Property#3: 1687 Yarbrough is 2bed/1bath with living room & kitchen. Also has central heat/air, tiled kitchen floor and hardwood floors. Rents $550/mo. All properties sold as-is condition. Owner will not make improvements, corrections or modifications.Owner will finance with $50,000 down, $700/mo. @ 4.5% with balloon payment for remaining balance due in 3 years.
Listing Information
Property Type: Multi-Family, Other
Wood Siding
3 Total
Neighborhood
Room Information
Interior Features
Window Air Conditioning, Ceiling Fan(s)
Exterior / Lot Features
Wood

Montgomery Real Estate

Montgomery is located in Alabama. Montgomery, Alabama 36110 has a population of 205,516.

The median household income in Montgomery, Alabama 36110 is $43,390. The median household income for the surrounding county is $44,401 compared to the national median of $53,046. The median age of people living in Montgomery 36110 is 34 years.

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Courtesy: Re/Max Tri-Star
Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.
Listing information Copyright 2016 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc.
The information being provided is for consumers’ personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but is not guaranteed.

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