Montgomery AL Multi Family for Sale
- Type:
- Cluster
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Year built:
- 1975
- Baths:
- MLS#:
- 565864
- Subdivision:
- Springhill
ADDITIONAL INFORMATION
ONE-OF-A-KIND DUPLEX WITH EXCEPTIONAL INVESTMENT POTENTIAL IN CARRIAGE HILLS! Discover this rare, spacious duplex, conveniently located off Vaughn Road in Montgomery offering two separate units, totaling 4,456 sq ft, ideal for large families, rental investments, or Airbnb opportunities. Unit 2111/A: This 1,991 sq ft unit features 3 bedrooms, 2 baths, a spacious living room, & an inviting sunroom. This unit can come fully furnished, making it move-in ready and perfect for immediate income potential from short-term rentals. Unit 2115/B: The larger unit at 2,465 sq ft includes 3 bedrooms, 2 baths & a generous living room that opens to the kitchen which retains classic charm. The large sunroom leads to a private backyard with an inground pool, perfect for entertaining or relaxation. Recent updates include new flooring, fresh paint, and a stunning stone fireplace with built-ins on the first floor, adding a touch of elegance and warmth to the living space. The kitchen also features beautiful granite countertops. Each unit has a main bedroom and a bathroom on the first floor, separate driveway for parking, access to the private backyard, new roof installed in Dec. 2022 & new pool liner July 2024. This property is a standout investment opportunity with multiple revenue streams. The current owners reside in one unit and have successfully rented Unit 2111/A on Airbnb, generating over $32,000 in rental income since March 2023. With Unit 2111/A available fully furnished, it offers immediate income potential from the day of closing. Imagine living in one unit while the rental income from the other side helps pay most of your mortgage, making your living costs nearly free. Additionally, the unique setup of two separate units provides flexibility for long-term rentals, short-term vacation rentals, or combination of both, maximizing your return on investment. Schedule an appointment to explore this unique opportunity & envision the endless possibilities this duplex has to offer.
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 $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 36116 has a population of 201,022. Montgomery 36116 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 36116 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 36116 is 36.1 years.
Montgomery Weather
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.