3729 PRINCETON RD Montgomery, AL 36111
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 2,100 sqft
Price per Sqft $61
Subdivision Normandale Estates
MLS Listing ID 588112
Style One Story
Bedrooms 3
Full Baths 2
HOA Y/N No
Year Built 1956
Lot Size 0.500 Acres
Acres 0.5
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-Central Montgomery/ Cloverdale/Asu
Interior
Interior Features Skylights, Window Treatments
Heating Central, Gas
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Brick, Vinyl, Wood
Fireplace No
Appliance Dishwasher, Gas Range, Gas Water Heater, Microwave, Plumbed For Ice Maker, Refrigerator, Self Cleaning Oven, Dryer, Washer
Laundry Washer Hookup, Dryer Hookup
Exterior
Exterior Feature Covered Patio, Fully Fenced, Storage
Parking Features Attached Carport
Carport Spaces 2
Fence Full
Pool None
Utilities Available Natural Gas Available
Water Access Desc Public
Roof Type Vented
Porch Covered, Patio
Building
Lot Description City Lot, Mature Trees
Entry Level One
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style One Story
Level or Stories One
Additional Building Storage
New Construction No
Schools
Elementary Schools Bellingrath Middle School
Middle Schools Bellingrath Middle School,
High Schools Lanier Senior High School
Others
Tax ID 0310093004016008000
Security Features Security System
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA