Courtesy: Team Lehman LLC
Susan Lehman
This unique investment property offers multiple income-producing opportunities on approximately 1.25 acres with approximately 200 feet of road frontage along Highway 25. The property currently includes six residential rental units, consisting of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units. All units are connected to public water and public sewer and feature electric water heaters. Heating and cooling varies by unit, with some equipped with through-the-wall heat pump systems and others utilizing window heat pump units. In addition to the existing rental units, the property offers room for future income potential. A building lot with two sewer hookups and two water meters already in place.
Montevallo is located in Alabama. Montevallo, Alabama has a population of 6,968. Montevallo is less family-centric than the surrounding county with 29.43% of the households containing married families with children. The county average for households married with children is 36.51%.
The median household income in Montevallo, Alabama is $43,504. The median household income for the surrounding county is $82,592 compared to the national median of $69,021. The median age of people living in Montevallo is 27.5 years.
The average high temperature in July is 90.7 degrees, with an average low temperature in January of 33.3 degrees. The average rainfall is approximately 55.8 inches per year, with 0.2 inches of snow per year.
