Great Investment Opportunity! This duplex in Midtown Montgomery would be a perfect opportunity for a seasoned investor to add to his/her portfolio or a new investor to start a real estate portfolio. Each side has 2 bedrooms, 1 bath and a large family room/dining room. The kitchen has a stove, refrigerator with W/D connections. The kitchen flooring is tile and all floors throughout the home are the original hardwood that has been restored. The bathroom is all tile with updated fixtures. Also, there is a lot of closet space throughout the home and in both bedrooms and a spacious closet in the upstairs hallway. Heating and cooling are provided by large efficient LG window units for both levels. There is common foyer entrance for both tenants but all doors are secure. You could even live on one side and rent the other side to a tenant or rent out both sides. Can get as much as $1000/month rent on the vacant side. Don't miss out on this investment opportunity.
Unique investment opportunity located near ASU and Cloverdale area. This apartment complex includes 2 Quads and 1 Duplex for a total of 10 units. The duplex apartments are both 2 bedroom, 1 bath with kitchen, large living room, washer/dryer connection, and a room that can be used for formal dining/office space/etc... Both quad buildings are set up with 1 bedroom/1 bath apartments with separate parking lots. All apartments have individual meters for both power and water for tenant to have their own utility service. Renovations have been started in all 9 vacant units. Some are further along in the process than others and wouldn't take much more to make those rentable sooner rather than later. One unit is currently occupied with a long term tenant and is looking forward to having some neighbors. Contact me or your favorite realtor to set up your tour today!
Property is "as IS"
The median home value in Montgomery, AL is $81,700. This is lower than the county median home value of $83,100. The national median home value is $219,700. The average price of homes sold in Montgomery, AL is $81,700. Approximately 48.29% of Montgomery homes are owned, compared to 38.02% rented, while 13.7% are vacant. Montgomery real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Montgomery real estate agent to arrange a tour today!
Montgomery, Alabama 36106 has a population of 200,761. Montgomery 36106 is more family-centric than the surrounding county with 27.61% of the households containing married families with children. The county average for households married with children is 24.86%.
The median household income in Montgomery, Alabama 36106 is $44,339. The median household income for the surrounding county is $46,545 compared to the national median of $57,652. The median age of people living in Montgomery 36106 is 35 years.
The average high temperature in July is 91.8 degrees, with an average low temperature in January of 35.3 degrees. The average rainfall is approximately 52.2 inches per year, with 0.2 inches of snow per year.