💡Cash-Flowing Condo in Montgomery – $139,900

This 3-bedroom, 2-bath condo offers 1,770 sq ft of space and is already performing as a rental. Located at 2455 Price St Apt B, Montgomery, this property is turn-key with recent updates, community amenities, and a reliable tenant in place.

The home features new carpet, LPV flooring, fresh paint, and bathrooms/kitchen in solid condition. The roof is in great shape, the HVAC was installed in 2010 with a recently replaced indoor unit, and the water heater is well-maintained.

The tenant moved in June 2024 and has a lease through June 2025 at $1,500/month. With the HOA fee at just $200/month, this is an attractive cash-flow investment with minimal landlord effort.

📌 Property Highlights

3 Bedrooms / 2 Bathrooms

1,770 Sq Ft | Built 1973 | HOA: $200/month

Roof: Great condition

HVAC: 2010 unit, indoor unit recently replaced

Flooring: LPV + new carpet in bedrooms & living room

Kitchen: Rental-ready

Bathrooms: Master & guest baths in good shape

Paint: Freshly painted

Bonus: Large bonus room, grilling area, community pool access

Current Tenant: Lease through June 2025 at $1,500/month

💰 Investment Snapshot

Asking Price: $139,900

Current Rent: $1,500/month ($18,000/year)

HOA Fee: $200/month ($2,400/year)

Net Cash Flow: ~$15,600/year (before taxes/insurance)

No immediate repairs needed – already tenant-occupied

This is a low-maintenance, high-yield investment in Montgomery — perfect for a buy-and-hold investor looking for immediate returns.

📲 Call/text Lanier at 334-201-0507 for details.

Comps/ARV

Comp 1:  307 Colonial Dr, sold for $119,000 @ $84/sqft and is a 3/2 1409 sqft on 12/10/2024

Comp 2:  2621 Clement Curv sold for $136,500 @ $92/sqft and is a 3/2 1480 sqft on 1/29/2025

Comp 3:  3300 Walton sold for $159,900 @ $96/sqft and is a 3/2 1658 sqft on 3/31/2025