643 EMERSON Street, Montgomery, AL 36108 (MLS # 589238)

Price $29,900
Status Active
Beds 2
Baths 1 Bath
Home size 864 sqft
Lot Size 5,228 sqft
Days on Market 10
Tenant-occupied 1BR/1BA investment property generating $550/month in rental income. The home is in good condition and requires minimal maintenance, making it an excellent buy-and-hold opportunity. Start collecting rent from day one while building long-term wealth through consistent cash flow. Affordable, income-producing properties like this are hard to find. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Long term tenant in place paying $550 a month.
Property Type(s): Single Family
Last Updated 8/6/2026 Tract Peacock
Year Built 1950 Community MONT-SW Mont/Regional Airport
County Montgomery

SCHOOLS

Elementary School Nixon Elementary School
Jr. High School Bellingrath Middle School
High School Lanier Senior High School

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Convection Oven, Dishwasher, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
AREA MONT-SW Mont/Regional Airport
CONSTRUCTION Masonite, Wood Siding
EXTERIOR Storage
FIREPLACE Yes
HEAT Space Heater
LOT 5227 sq ft
LOT DESCRIPTION City Lot, Wooded
LOT DIMENSIONS 40X131
PARKING Driveway
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE OneStory
SUBDIVISION Peacock
UTILITIES Cable Available, Electricity Available, Natural Gas Available
WATER Public

Location

 

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Listed with Harris And Atkins Real Estate
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