Located in Montgomery, this three-bedroom, one-bath home presents a value-focused opportunity in an area experiencing visible redevelopment. Built in 1969 and offering approximately 910 square feet of living space, the property sits on a generous 0.34-acre lot—an uncommon size for an in-town parcel at this price level.
With neighborhood improvements underway and buyer interest increasing in emerging sections of Montgomery, properties positioned for renovation can offer strong upside when thoughtfully improved.
Compact Layout with Repositioning Potential
The home features a straightforward 3BR / 1BA floor plan that can be reimagined to meet modern expectations. Its manageable size makes renovation costs more predictable compared to larger homes, while still maintaining broad appeal for resale or rental use.
Current layout includes:
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Three bedrooms
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One full bathroom
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Functional living area
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Kitchen space ready for redesign
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Washer and dryer hookups in place
At 910 square feet, the footprint supports several strategies, including entry-level home resale, long-term rental conversion, or downsized living after renovation.
Full Remodel Opportunity
The property requires comprehensive updating, allowing investors to modernize systems and finishes according to current market demand.
Areas for improvement include:
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Installation of a modern HVAC system
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Addition of cooling (central air or ductless mini-splits)
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Complete flooring replacement
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Kitchen and bath renovation
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Electrical and cosmetic updates
The slab foundation simplifies structural considerations and reduces risks commonly associated with basements in older homes.
Exterior & Lot Advantages
The exterior combines brick and wood siding, offering a solid structural base that can be refreshed with updated paint, trim, and landscaping. The asphalt roof should be evaluated during renovation planning.
One of the property’s strongest assets is the 0.34-acre lot. This larger parcel allows flexibility not often found in similar homes within city limits. Potential improvements could include:
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Outdoor entertaining spaces
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Expanded driveway or parking area
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Garden or landscaped yard
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Workshop or detached structure (subject to local regulations)
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Possible future home expansion
A city view adds additional appeal, particularly if exterior upgrades enhance curb presence.
Parking & Accessibility
The home offers both on-street and off-street parking. The existing off-street parking pad may be improved or expanded, depending on project goals.
Financial Considerations
With pricing significantly below area averages on a per-square-foot basis, the property represents a lower entry cost compared to many other renovation opportunities. Annual property taxes are notably low at approximately $107 per year, helping minimize holding costs during renovation.
The combination of low acquisition cost and minimal annual tax burden can strengthen long-term cash flow for rental investors or improve margin potential for resale projects.
Multiple Exit Strategies
After renovation, the property may serve as:
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A fix-and-flip resale
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A long-term rental property
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An affordable starter home
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A short-term rental, subject to local guidelines
The flexibility of the lot size also leaves room for creative improvements that could increase overall market value.
Positioned in a Developing Area
Montgomery continues to see investment activity in select neighborhoods, with infrastructure upgrades and residential improvements contributing to gradual value appreciation. Securing property during earlier stages of revitalization can position buyers to benefit from future growth.
For investors, renovators, or buyers seeking an affordable project with expansion potential, this Montgomery property offers a clear value proposition: manageable size, large lot, low taxes, and room to create meaningful equity through renovation.
Listed on Zillow
