Montgomery AL Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1936
- Baths:
- MLS#:
- 563634
- Subdivision:
- Capitol Heights
ADDITIONAL INFORMATION
**Charming Capitol Heights Duplex with Updates** Discover this beautifully maintained duplex in Capitol Heights, featuring two updated units with contemporary amenities. - Unit #2232: 2 bedrooms, 1 bath. Features tile kitchen floors, quartz countertops and tile backsplash - Unit #2230: 1 bedroom, 1 bath. (Pictures coming soon!) Both units boast updated kitchens and bathrooms, fresh paint throughout, updated light fixtures and include kitchen appliances along with a washer/dryer set. Key upgrades such as a new roof, HVAC system, and water heaters were completed in 2021. Electrical has also had updates recently. Ideal for investors or those seeking to live in one unit while renting out the other. Don’t miss this fantastic opportunity!
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1920
- Baths:
- MLS#:
- 561450
- Subdivision:
- Highland Park
ADDITIONAL INFORMATION
This duplex property is a great investment located in Midtown Montgomery near Jackson Hospital and only minutes away to the interstate, downtown Montgomery and numerous shopping and dining locations. Each side has one bedroom and one bath and one side is currently leased at $400 per month but tenant is on a month-to-month lease. After fixing up the units and getting them rent ready, you could increase the rent to as much as $875 per month under the Section 8 program and have the government guarantee your rental income. Property should be valued at over $100,000 after obtaining optimum rents. Best of all tenants pay all utilities even water and garbage. Act quickly to add this property to your rental portfolio.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1935
- Baths:
- MLS#:
- 559816
- Subdivision:
- Capitol Heights
ADDITIONAL INFORMATION
Attention Investors this fully renovated tenant-occupied 6 unit multiplex is a Dream come true! Its strategic location near downtown Montgomery ensures a high demand for rental units, translating to low vacancy rates and a steady income stream. Units A, B, C, D are located in the front and units E and F are located in the rear. They're five 2 bedroom 1 bth units and one 3 bedroom one bath unit. The modern amenities, ample parking, and inviting common areas make this property a standout choice for renters, further enhancing its investment potential. Every unit in this multiplex is designed with tenant comfort and convenience in mind. The units have been upgraded with new flooring, carpet and new interior paint. These units includes a generously sized living room, bedrooms, a fully equipped kitchen, a refrigerator, and a modern tub-shower combo, ensuring a comfortable living experience. The proximity to downtown Montgomery offers tenants easy access to a variety of dining, entertainment, and shopping options, as well as convenient connectivity to major highways. *Bonus Features* *Roof is less than 10 years old* Electrical and Plumbing are Operable* Tenants are Responsible for their own utilities* Additionally, Under Apartment A there is a potential laundry room for the tenants and property sits on over half an acre lot* This prime location is sure to attract quality tenants, making it an excellent addition to any investment portfolio. Don't miss out on this fantastic opportunity to own a fully renovated, tenant-occupied multiplex in a thriving area. With its combination of modern features, excellent location, and strong investment potential, this property is poised to deliver long-term value and returns. Contact me or your favorite realtor today and schedule a viewing to secure this exceptional investment property!
Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Listing information Copyright 2024 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. The information being provided is for consumers’ personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®. Real estate listings held by brokerage firms other than Xome Inc. are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
Montgomery Real Estate
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 36107 has a population of 200,761. Montgomery 36107 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 36107 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 36107 is 35 years.
Montgomery Weather
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.