Location. Location. Location. This 4 unit brick multi-family is located in Historic Old Cloverdale walking distance to Huntingdon College, The Capri, and Alabama State University. Mary Neeley Park is almost across the street with a lovely fountain. Each unit has Hardwood Floors, central Heating and Air, Dishwasher, and Washer and Dryer. The apartments are large with ample size living room and dining room. Tenants pay all utilities including water. There is a large backyard and a covered parking space assigned to each unit. This is a great Cloverdale building and each unit is well loved by the occupying tenant. Do not miss out on this amazing Investment opportunity.
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.
Property is "as IS"
The median home value in Montgomery, AL is $126,700. This is lower than the county median home value of $136,100. The national median home value is $338,100. The average price of homes sold in Montgomery, AL is $126,700. Approximately 45.25% of Montgomery homes are owned, compared to 39.35% rented, while 15.4% 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 201,022. Montgomery 36106 is more family-centric than the surrounding county with 27.06% of the households containing married families with children. The county average for households married with children is 23.51%.
The median household income in Montgomery, Alabama 36106 is $49,989. The median household income for the surrounding county is $52,511 compared to the national median of $69,021. The median age of people living in Montgomery 36106 is 36.1 years.
The average high temperature in July is 91.4 degrees, with an average low temperature in January of 35.2 degrees. The average rainfall is approximately 51.1 inches per year, with 0.2 inches of snow per year.