323 Finley Ave

Montgomery, AL 36104
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3 bd, 2 ba | 1,375 sqft | Built in 1915

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List Price
$168,900

Initial Investment

$46,025

Purchase Price

$168,900

Down Payment

25%

Rent

$1,190

Total Return

$37,777

Annualized Return

13.0%

Cap Rate

6.0%

Gross Yield

8.5%

Cash Flow

$419

Appreciation

3.8%
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Features

Occupancy

Unspecified

Lease Start

-

Lease End

-

Lot Size

7,497

HOA

None

Flood Risk

Not Required

Welcome to this 3-bedroom, 2-bathroom home located in the beautiful, historic, Garden District! This home blends timeless charm with modern updates. Step inside to discover spacious living and dining area ideal for entertaining, complete with an upgraded, cozy gas fireplace. The kitchen has been thoughtfully updated with granite countertops and stainless steel appliances along with a charming breakfast nook. Each of the three bedrooms offer functional space, while the two bathrooms have been tastefully updated to maintain the home's historic integrity. Enjoy relaxing afternoons on the beautiful front porch, complete with a classic swing. Out back, you'll find a wonderful, fully fenced in yard offering exceptional privacy perfect for pets, gardening or outdoor gatherings. A detached storage garage provides additional space for tools, equipment or recreational gear. Don't miss the opportunity to own a piece of history with all the modern comforts! Give me a call today!

See more in Analysis
Michael Atkins
Harris & Atkins Real Estate LLC
AL Agent License #87309

Annual Financial Highlights

Expected Rent

$13,566

Expenses

-$2,415

Property Taxes

-$1,550

Loan Payments

-$9,182

Net Cash Flow

$419

See more in Financials

Property Characteristics

Buyer's Agent

An experienced local, licensed real estate broker/agent will represent you in this transaction. They will negotiate on your behalf, from your first offer through closing.
  • You can contact your Agent with questions even before making an offer.
  • A professional home inspection will be conducted prior to closing.  This inspection, paid for by Roofstock, will be conducted by a Roofstock-affiliated vendor.  As soon as the report is ready, your Agent will discuss the findings with you and help with any next steps.

Property Management

Why choose?
From repairs and maintenance to communicating with tenants, our preferred property management teams protect your assets and keep things running smoothly.

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Listing Courtesy of:Amee Carr
Agent License 0100869
Century 21 Southern Star
Certified Agent Brokerage:Michael Atkins
Harris & Atkins Real Estate LLC
AL Brokerage License 94525
SourceMontgomery Area AOR (MAAR MLS)
MLS #574287
Last Updated: 04/16/2025 17:04
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