Do Real Estate on the Go!
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Do Real Estate on the Go!
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$248,000
5 Beds
40 Baths
--sqft
15 E 1St St, Luverne, AL 36049
$248,000
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Multi Family
Built in 1936
$-- HOA
-- sqft lot
--/sqft
Description
Live almost FREE here or EZ reno and make money! Upstairs 3/2 with lower 2/2 already set up to rent and offset your mortgage; Reno lower level into 2 units for a possible 3-unit set-up! Investor info: about 9% cap as-is, with value-add near 12%! 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.
- Houzeo last checked: 37 Minutes ago
- Listing updated: December 1, 2025 at 8:19 pm
- Listing Provided by: Cliff Glansen (954) 965-3990 DRE #0088060 | FlatFee.com (954) 965-3990
- Source: Montgomery Area Association of REALTORS MLS-AL | MLS#: 581539
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1936
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Montgomery Area Association of REALTORS MLS
MLS Number
581539
MLS Status
Active
Days on Market
22
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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