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Backup Offers

36 Michigan Ave Unit A & B, Montgomery, AL, 36110

$44,900

Home List Price

$533*

Closing Credit

0 Baths
House
Schools Nearby

Location

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36 Michigan Ave Unit A & B, Montgomery$44,900

Buyer Closing Credits

$533*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingConcrete, Driveway, Gravel
Year Built1940
HeatingSpace Heater(s)
CoolingWindow Unit(s)
MLS #494218
StatusAccepting Backup Offers
(Contingent)

About 36 Michigan Ave Unit A & B

Here is a value-added rental property to start or add to your rental portfolio. This duplex property has one bedroom and one bath on each side and currently has one side rented at $400 per month. The other is rented for $450 a month with tenant paying a $75 late fee each month! If both sides are rented at the Section 8 maximum rate of $875 per month the pro-forma income for the year will be $21000 and the property value would be at least $100k! Property needs some rehab to be rent ready.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1940
  • Stories: 1

Listing Office:

  • Office Name: David Herman Realty
  • Office Phone: (334) 207-2464
  • Listing Agent: David Herman

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Vinyl, Wood
  • Interior: Eat-in Kitchen

Exterior Features

Parking Information:

  • Parking: Concrete, Driveway, Gravel

Lot Features

Lot Information:

  • Lot: City Lot

Utilities

Utilities Information:

  • Heating: Space Heater(s)
  • Cooling: Window Unit(s)

School Info

Assigned Schools Information:

  • Lee High School, Public District Grades 9-12
  • Capitol Heights Jr High School, Public District Grades 6-8
  • Chisholm Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: FROM LOWER WETUMPKA TURN ONTO MICHIGAN, HOUSE IS ON RT JUST PASS STOP SIGN

Price Information

Listing Price Info

Price Summary:

  • List Price: $44,900
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Housing Market Comparison

See how this home compares to others in Montgomery, AL.

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Montgomery, AL

City

Med. Sold Price

$174.4K

Med. Price/SqFt

$100

Avg. Days On Market

80

# of Sold Homes

186

36 Michigan Ave Unit A & B vs Montgomery

1077 DAYS ON ROCKET

+997 Days

$44,900

-$129.5K Less

KEY TAKEAWAY

This property is $129.5K less than the Median Sold Price in Montgomery, AL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MAAOR
  • MLS Number: #494218

Listing Office:

  • Office Name: David Herman Realty
  • Office Phone: (334) 207-2464
  • Listing Agent: David Herman

IDX Listing Information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. 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. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. Equal Housing
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/2/2024, 9:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$292

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$201

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4640887
1
/10

  • Chisholm Elementary School

  • 307 E Vandiver Blvd

  • 0.56 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4640888
1
/10

  • Capitol Heights Jr High School

  • 116 Federal Dr

  • 2.63 miles

  • Public District Grades 6-8

High School

school-card-donut-4640889
1
/10

  • Lee High School

  • 225 Ann St

  • 2.96 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,529. Residents of Montgomery, AL typically earn less than $35k each year. Most families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 36 Michigan Ave Unit A & B

What is the listing price of this property?

The listing price of 36 Michigan Ave Unit A & B property is $44,900.

What type of property is this?

The property 36 Michigan Ave Unit A & B is a house located in Montgomery, Alabama, 36110.

Is this property for sale now?

Accepting Backup Offers: 36 Michigan Ave Unit A & B is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 36 Michigan Ave Unit A & B are:
Chisholm Elementary School: GreatSchools Rating 1/10
Capitol Heights Jr High School: GreatSchools Rating 1/10
Lee High School: GreatSchools Rating 1/10

Which year was this property built?

The year of construction for 36 Michigan Ave Unit A & B is 1940.

Rocket Homes›Alabama›Montgomery County›Montgomery›36110›36 Michigan Ave Unit A & B

This home is located at 36 Michigan Ave Unit A & B in Montgomery, AL and zip code 36110. This home was built in 1940. It has been listed on Rocket Homes since May 20, 2021 and is currently priced at $44,900.

In April 2024 more than 29 listings in Montgomery, AL were sold above the asking price. During the same period more than 54 listings were sold at asking price, while more than 103 were sold below. In April 2024 in Montgomery, AL there were 5.9% more homes for sale than in March 2024. In April 2024 median list price was $174,493 and the average listing age was 80 days.

From Rocket Homes Real Estate and based on county public records data.

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