3 months on rocket

425 Arthur St Unit 2, Montgomery, AL, 36107

$44,900

Home List Price

$533*

Closing Credit

0 Baths
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

425 Arthur St Unit 2, Montgomery$44,900

Buyer Closing Credits

$533*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1920
MLS #549967
StatusActive

About 425 Arthur St Unit 2

This duplex property is a great investment located in Midtown Montgomery near Jackson Hospital and only minutes away to the interstate, downtown Montgomery and numerous shopping and dining locations. Each side has one bedroom and one bath and one side is currently leased at $400 per month but tenant is on a month-to-month lease. After fixing up the units and getting them rent ready, you could increase the rent to as much as $875 per month under the Section 8 program and have the government guarantee your rental income. Property should be valued at over $100,000 after obtaining optimum rents. Best of all tenants pay all utilities even water and garbage. Act quickly to add this property to your rental portfolio.

Property Details

Property Features

Property Information:

  • Architectural Style: One Story
  • Year Built: 1920
  • Stories: 1

Listing Office:

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

Interior Features

Interior Information:

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

Lot Features

Lot Information:

  • Lot: City Lot

School Info

Assigned Schools Information:

  • Lee High School, Public District Grades 9-12
  • Capitol Heights Jr High School, Public District Grades 6-8
  • Highland Avenue Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Take Ann Street exit off I-85 go North and take left onto Highland Avenue and then take a right onto Arthur.

Price Information

Listing Price Info

Price Summary:

  • List Price: $44,900
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

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

Map thumbnail provided by MapBox

Montgomery, AL

City

Med. Sold Price

$174.9K

Med. Price/SqFt

$99

Avg. Days On Market

89

# of Sold Homes

185

425 Arthur St Unit 2 vs Montgomery

117 DAYS ON ROCKET

+28 Days

$44,900

-$130K Less

KEY TAKEAWAY

This property is $130K 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: #549967

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: 4/28/2024, 3:25:15 PM 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

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

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-2346527
1
/10

  • Highland Avenue Elementary School

  • 2024 Highland Ave

  • 0.20 miles

  • Public District Grades KG-5

Middle School

school-card-donut-2346528
1
/10

  • Capitol Heights Jr High School

  • 116 Federal Dr

  • 0.84 miles

  • Public District Grades 6-8

High School

school-card-donut-2346529
1
/10

  • Lee High School

  • 225 Ann St

  • 0.60 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 $27,897. The most common annual income of people living in Montgomery, AL is less than $35k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 425 Arthur St Unit 2

What is the listing price of this property?

The listing price of 425 Arthur St Unit 2 property is $44,900.

What type of property is this?

The property 425 Arthur St Unit 2 is a house located in Montgomery, Alabama, 36107.

Is this property for sale now?

Active Listing: 425 Arthur St Unit 2 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 425 Arthur St Unit 2 are:
Highland Avenue 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 425 Arthur St Unit 2 is 1920.

Rocket Homes›Alabama›Montgomery County›Montgomery›36107›425 Arthur St Unit 2

This home is located at 425 Arthur St Unit 2 in Montgomery, AL and zip code 36107 in the Highland Park neighborhood. This home was built in 1920. It has been listed on Rocket Homes since January 02, 2024 and is currently priced at $44,900.

Over 30 listings were sold over their listed price in March 2024 in Montgomery, AL. In the same period over 99 listings were sold below the listed price and 56 listings were sold for the listed price. The number of listings in Montgomery, AL increased by 9.8% between February 2024 and March 2024. In March 2024, listings were on the market for 89 days. During the same period, the median list price in this real estate market was $174,983.

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

More Resources