3808 DILWORTH RD Montgomery, AL 36108
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,040 sqft
Price per Sqft $76
Subdivision Twin Gates
MLS Listing ID 587884
Style One Story
Bedrooms 3
Full Baths 1
HOA Y/N No
Year Built 1970
Lot Size 0.380 Acres
Acres 0.38
Property Sub-Type Single Family Residence
Property Description
-Combined Individual Asking Prices: $80k + $60k + $70k + $130k = $340,000
-Bundled Investment Listing Price: $240,000
-Instant Investor Equity: The $240,000 bundle price reflects a $100,000 discount (~29% off) compared to purchasing/valuing the properties individually, giving the buyer immediate built-in equity to cover the repair work on 2429 E 4th street.
Property Portfolio Breakdown:
-3808 Dilworth Rd (36108) | Twin Gates / West Montgomery Specs: 3 Bed / 1 Bath | 1,040 sq ft Individual List / Val: ~$80,000 Rent Analysis: Current market rent is ~$1,200/mo. Under Section 8 (MHA / HUD Fair Market Rent for 36108), 3-bedroom payment standards range from $1,130 to $1,150/mo.
-2412 E. 4th St (36106) | Uplands / Near Huntingdon CollegeSpecs: 3 Bed / 1 Bath | 1,000 sq ft Individual List / Val: ~$60,000 Rent Analysis: Previous rent was $1,000/mo. Under MHA Section 8 voucher standards, 3-bedroom units in 36106 can generate $1,150 – $1,200/mo.
-2429 E. 4th St (36106) | Uplands / Near Huntingdon College Specs: 3 Bed / 1 Bath | 988 sq ft Individual List / Val: ~$70,000 Rent Analysis: Rental baseline is $1,100/mo. Section 8 upside supports $1,150 – $1,200/mo. (The Tree-Damaged / Value-Add Property)
-3729 Princeton Rd (36111) | Normandale Estates Specs: 3 Bed / 2 Bath | ~2,100 sq ft Individual List / Val: ~$130,000 (As-Is/Fixed-up Comp Value: $150k–$170k+)Rent Analysis: Rents in the immediate area for 3/2 single-family homes run $1,300 to $1,400+/mo upon completion.
Location
State AL
County Montgomery
Area Mont-Sw Mont/Regional Airport
Interior
Heating Central, Gas
Cooling Central Air, Electric
Flooring Carpet
Fireplace No
Appliance Electric Water Heater
Exterior
Exterior Feature Patio
Parking Features Driveway
Pool None
Utilities Available Electricity Available
Water Access Desc Public
Porch Patio
Building
Lot Description Outside City Limits
Entry Level One
Foundation Slab
Sewer Septic Tank
Water Public
Architectural Style One Story
Level or Stories One
New Construction No
Schools
Elementary Schools King Elementary
Middle Schools Southlawn Middle School,
High Schools Carver Senior High School
Others
Tax ID 03-14-03-05-01-009-020000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan