Montgomery AL Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Baths:
- MLS#:
- 559456
- Subdivision:
- McGehee Estates
ADDITIONAL INFORMATION
Centrally located Quad-Plex- close to schools, shopping, YMCA, restaurants and so much more! This complex has 3 apartments (townhouse style, 2 bedrooms and 2.5 bathrooms), 1 flat unit (3 bedrooms, 2 bathrooms). Detached garage and separate storage space for each unit. On-site laundry room. Conveniently located courtyard in center of complex. Call today for more information or to schedule a private showing.
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1956
- Baths:
- MLS#:
- 558753
- Subdivision:
- Normandale
ADDITIONAL INFORMATION
6 unit apartment building for only $350,000! Each unit is 2-bedroom, 1 bath. 3 occupied and 3 vacant. The 6-plex had electrical systems updated complying with electrical code inspections in the past. One unit still needs a minor work to get rent ready. 2 units section 8 rented at $595 Another 20yr long tenant pays $650 p/month. This investment property is already generating income monthly and has for decades. This is your chance to build your portfolio, increase your monthly revenue, and also provide affordable housing to the citizens of Montgomery, AL. Call your favorite agent to schedule your showing today.
$1,375,000
3701 Wesley Drive Montgomery, AL 36111
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 1.55 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- 7326558
- Subdivision:
- Normandale
View additional info
Courtesy: Keller Williams Buckhead
404-604-3800
ADDITIONAL INFORMATION
INVESTORS DREAM!!! 22-unit apartment building with huge upside potential. 15 of 22 units have been fully renovated and have tenants in them. There remains seven units to be remodeled. This is a great investment. All 1 Bedroom units are 900+ square feet and the 2 Bedroom apartments are 1000+ Sq/Ft with large patio/balconies. There is an incredible courtyard out back offering residents a place to rest and relax among nature. Two of the members of the company who owns the property are licensed Alabama and Georgia real estate agents There are three 1 bedroom 1 bath units, all have been renovated. There are fifteen 2 bedroom 1 bath units, all but three have been renovated. There are four 2 bedroom 2 bath units that have yet to be renovated. Owner pays water and trash ($27/can) as well as the electricity for the outdoor lights. Potential monthly gross income for the 1 bdrm 1 bath units is $675 x 3 units=$2025, $875 x 15 units is $13125 and $950 x 4 =$3800. Therefore, the total potential gross monthly rental income is $18,950 or $227,400 annually.
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.
Listings identified with the FMLS IDX logo come from FMLS and are held by brokerage firms other than the owner of this website and the listing brokerage is identified in any listing details. Information is deemed reliable but is not guaranteed. If you believe any FMLS listing contains material that infringes your copyrighted work, please click here (https://www.fmls.com/dmca) to review our DMCA policy and learn how to submit a takedown request. Copyright 2024 First Multiple Listing Service, Inc. Price and Tax History when not sourced from FMLS are provided by public records. Mortgage Rates provided by Greenlight Mortgage. School information provided by GreatSchools.org. Drive Times provided by INRIX. Walk Scores provided by Walk Score®. Area Statistics provided by Sperling’s Best Places.
For technical issues regarding this website and/or listing search engine, please contact Xome Tech Support at 844-400-9663 or email us at [email protected].
License # 367751 Xome Inc. License # 65656
[email protected] 844-400-XOME (9663)
750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
Information is deemed reliable but is not guaranteed.
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 36111 has a population of 200,761. Montgomery 36111 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 36111 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 36111 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.