219 S Panama St

Montgomery, AL 36107

Sold

$59,900

  • Property Type No data available
  • Beds [custom_acf field="number_of_bedrooms"]
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Interested in this home?Β 

🏑 Turnkey 2BR + Sunroom in Montgomery – Only $59,900!

 

This charming 2-bedroom, 1-bath home with a sunroom and rear deck offers move-in-ready comfort at an unbeatable price. With a detached garage and wood exterior on piers, this property combines vintage appeal with practical upgrades β€” perfect for a low-maintenance rental or first-time homeowner.

 

🌟Property Highlights:

βœ”οΈ 2 Bedrooms / 1 Bath + Sunroom
βœ”οΈ 1,125 Sq Ft | 0.17-Acre Lot
βœ”οΈ Detached Garage & Back Deck
βœ”οΈ Roof: 5–7 Years Old (Excellent Condition)
βœ”οΈ Original Hardwood Floors + Tile in Kitchen/Bath
βœ”οΈ Updated Bathroom (Tiled Shower ~4–5 Yrs Ago)
βœ”οΈ Kitchen: Stainless Steel Fridge, Good Cabinets
βœ”οΈ Window Units for Cooling

 

πŸ”§Repairs (Optional Upgrades):

– Fix cracked tile on kitchen countertop
– Refresh or expand the rear deck

 

πŸ“ˆ Investment Snapshot:

πŸ’° Price: $59,900
🏠 Rent Estimate: $850–$950/month
πŸ’Έ Cap Rate: ~12%+

 

Affordable, updated, and in a growing rental corridor β€” this turnkey Montgomery property is an easy win for investors or homeowners ready to build equity fast.

 

πŸ“ž Contact Lanier at 334-201-0507 for photos, details, or to schedule a showing.

 

πŸ“Comps/ARV:

ARV: $80K–$85K

Comp 1:Β  148 Ann StΒ  sold for $80,000 @ $79/sqft and is a 3/1 1008 sqft on 11/19/2024Β 

Comp 2:Β  2209 Greenville sold for $92,100 @ $71/sqft and is a 3/1 1296 sqft on 12/31/2024Β 

Comp 3:Β  315 S Panama St sold for $100,000 @ $56/sqft and is a 3/1 1800 sqft on 5/13/2025Β 

Comp 4:Β  2840 Spann sold for $75,000 @ $73/sqft and is a 2/1 1025 sqft on 8/6/2025Β 

Comp 5:Β  2405 Palmetto St sold for $73,500 @ $73/sqft and is a 3/2 1008 sqft on 5/26/2025Β 

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