$ 102,179 - Buy & Hold

4.0 bd | 2.0 ba | 1,639 sqft | 1973 | $ 950 Rent

This 4/2 home features a fenced yard with a storage building a huge living room, family room with stone fireplace, and covered patio.  According to tax records the house is 1,639 square feet and was built in 1973.  This home has been well renovated with new carpet, painting, lighting, a new roof, new furnace and condensing unit (new owner receives an upgraded 10 year parts and 5 year labor warranty from a reputable HVAC provider).  The home has a new hot water heater, and totally renovated bathrooms that were gutted to the studs, had some plumbing updates, new vanities, and newly tiled tub/shower surrounds.  This home is rented for $875 per month and is professionally managed by Camelot Properties.  We would grade this neighborhood as a very solid B- and the area surrounding as a solid B to B+ with large estate lots and a few Antebellum mansions, scattered cattle ranches, and almond orchards.  Yet this home is only 15 minutes from downtown Montgomery.  There are some more expensive sales in the neighborhood, and many of these homes have large lots and great pride of ownership.