INVESTORS DREAM!!! Great 22-unit apartment building with huge upside potential. 17 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.
A great opportunity to own a duplex just minutes from downtown. Side A is being rented for $675/mo.
Amazing opportunity to take possession of a FULLY RENOVATED quadplex just minutes from downtown Montgomery. 3 of the 4 residences are occupied. Each unit is rented out for $650 and all tenants pay their own utilities. All systems were replaced during renovations, don't miss out on this amazing opportunity. Give us a call today, we look forward to hearing from you!
THIS IS A DUPLEX. ATTN: INVESTORS Both units are immaculate and ready to move into. Unit A has been recently updated with 2 Bedrooms, 2 Baths, a Living Room, a separate Den with a fireplace and the kitchen has granite counters, tiled backsplash, stainless appliances and a breakfast nook. There is a dining room for formal dining and a separate Den with a fireplace. Unit B has 2 Bedrooms, 1 Bath, a Living Room, Dining Room & Kitchen and a Bonus Room that could be used as a 3rd bedroom and is currently being leased for $950/mo. Outside, there is covered parking for both units and a patio. According to tax records, both units total to 2,441 sq ft.
This cash-flowing triplex is low maintenance, high return and ready for it's new owner! ALL Apartments are fully leased, bringing in over $5,000 A MONTH!!! The two upstairs apartments are high-demand one bedroom apartments with mid-term tenants in place. The downstairs 3 bedroom and 2 bath apartment is ideal for an occupant owner, short term rental, or traditional tenant. Each apartment has been curated with a unique style and design. No cookie-cutter, basic design style here! Each apartment has stainless steel appliances, electric water heater, high efficiency washer and dryer, and electric HVAC unit. Residents have a sense of security and privacy with the fully fenced parking lot which accommodates 6 vehicles and a fenced greenspace in the front for guests to relax year-round. Residents will love both the accommodations and prime location. Located in Capitol Heights this neighborhood is loved for it's historic charm, proximity to Maxwell AFB, downtown and more!
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.
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.
**Charming Historic Tri-Plex Investment Opportunity** Discover an exceptional investment opportunity with this beautifully maintained tri-plex, ideally situated in a desirable neighborhood. This two-story property features elegant wood floors throughout, adding a touch of warmth and character to each unit. Unit 1314: This spacious unit boasts a welcoming den, a bright living room, and a dedicated dining area, perfect for entertaining. The completely updated kitchen features modern appliances and stunning finishes, making it a chef's dream. Enjoy the convenience of a washer and dryer hookup and step outside to relax on your private deck. Units 1316A&B: These cozy units shares inviting front and back decks, offering a communal outdoor space for relaxation and socializing. While it doesn’t include a washer and dryer hookup, it maximizes comfort and convenience with ample living space. Additional Features: - Central heating and air conditioning for year-round comfort. - Tenants are responsible for all utilities, yard maintenance, pest control, and air filter replacements, simplifying management for the owner. - Potential monthly income of $2,175, making this property a lucrative addition to your investment portfolio. Don’t miss this chance to own a charming tri-plex with strong rental potential. Schedule your viewing today and envision the possibilities!
DUPLEX!!! Investor Special, New Roof, on over a quarter acre Lot. Built as a duplex with 2beds/1bth on each side. Converted to a 4/2 single family, really easy to convert back!! Sold As Is!!
Wonderful Fourplex in Historic Capitol Heights Neighborhood! All four units have identical floor plans. The units have durable hardwood floors and central heating/air systems. The downstairs rooms are composed of the living room, dining area, kitchen, & laundry area. Upstairs there are two bedrooms and one bathroom. Call today to view this Great???????????????????????????????? Investment!
STEP INTO EXCELLENCE! YOUR NEXT INVESTMENT OPPORTUNITY AWAITS. THIS UNIQUELY DESIGNED DUPLEX OFFERS 1546 SQUARE FEET OF MODERN ELEGANCE—PER UNIT! EACH UNIT CAN SLEEP UP TO SIX AND PROVIDES TWO FULL BATHS, A FULL KITCHEN, AND A FULL LAUNDRY AREA. UNITS ARE EASILY CONVERTED INTO TRADITIONAL OFFICE SPACE. USE ONE SIDE AS AN OFFICE SPACE AND THE OTHER FOR ENDLESS INCOME-PRODUCING OPPORTUNITIES. SECURITY SYSTEM AND FENCING ALL AROUND FOR ADDED SECURITY. FRONT PARKING PAD OFFERS FOUR PARKING SPACES, INCLUDING PRE-MARKED HANDICAPPED SPACED, WITH ADDITIONAL PARKING AROUND BACK. THESE UNITS ARE CONNECTED WITH BY A CENTRALLY-COVERED BREEZEWAY—PERFECT FOR ENTERTAINING, GRILLING, OR RELAXING. LOCATED JUST OFF MULBERRY STREET, THIS PROPERTY IS CONVENIENT TO SHOPPING, MONTGOMERY’S HISTORICAL DISTRICT, I-85/I-65, AND MORE.
Welcome to this charming property located at 2028 Madison Ave in Montgomery, AL. This inviting residence offers a perfect blend of modern amenities and classic character, making it an ideal choice for families and professionals alike. As you step inside, you'll be greeted by spacious living areas filled with natural light, perfect for entertaining or relaxing. The well-appointed kitchen boasts ample counter space, making meal preparation a breeze. Enjoy cozy evenings in the comfortable bedrooms, each designed for restful nights. Situated in a friendly neighborhood, this home provides easy access to local parks, shopping, and dining options, ensuring convenience at your fingertips. Great investment opportunity with all 3 units currently leased!
Investor Special!!! The duplex has been well maintained and is looking for a buyer. There is 2 bedrooms and 1 bathroom in each unit. The roof was replaced in 2019 and new doors and windows 2021. This is a must see.
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.
Welcome to this 4-plex apartment building, a rare gem situated in a desirable neighborhood. This property offers four spacious units, each featuring 2 bedrooms and 1 bathroom which should bring in approximately $50K in rents per year. This property is perfect for investors looking for a rare opportunity to own a 4 plex and could even be used as an Airbnb because of the close proximity to historic downtown Montgomery. Fully vacant and ready for occupancy providing the flexibility to select your own tenants. Property can be shown easily because all units are vacant.
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.
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.
Introducing a prime investment opportunity in the heart of Montgomery, AL. This beautiful property at 1215 South Hull Street boasts 3,269 SF and was renovated in 2024. This triplex offers exceptional investment potential for multifamily investors. Built in 1925, the property is rich with historic charm and presents a stellar opportunity to capitalize on the growing demand for residential spaces in the Montgomery area. Unit A is a 2 bedroom/1 bath, Unit B is a 3 bedroom/1 bath, Unit C is a 2 bedroom/1 bath. Completely rewired in 2024, New Plumbing 2024, New windows, and new roof installed October 2023. A combination of LVP, Tile and Carpet. No Appliances. Separate front and rear entrances in each. All 3 units have motion detectors. Walking distance to Alabama State University 2 min (0.3Â mi). Ready for your college rental just in time for the new school year. For more information or to schedule your showing contact Kimberly Johnson.
Rents are pro-forma at $1050 per month for the 2 bedrooms and $875 per month for the 1 bedrooms. These pro-forma rents are easily attainable under the Section 8 program. PRICE JUST REDUCED BY $750000 for a fast cash sale which closes in 3 weeks. $50k earnest money deposit which goes hard and is not refundable but rather immediately goes to the buyer if buyer has not cancelled by end of the 10 day inspection period. The $50k will be credited to the purchase price. Lots of investors are now jumping on this incredible deal! Price was $1.5 million but seller is sacrificing the apartments. He paid $925k and put $200-$300 thousand k into the property! And there is one more surprise only to be revealed to the purchaser after proof of funds are shown. Are you a seasoned or new investor looking for an investment property in a hot market? Take a look at this 20-unit in a hot market? This property is a prime investment and when fully leased at pro-forma rents could generate over $260,000 per year and will be worth close to $1.4 million. There are 12 2-bedroom units that can be leased for up to $1050 per month and 8 1-bedroom units that can be leased for up to $875 per month. Also it has two storage rooms, convertible to efficiency apartments for an extra $12000 annual rents and possibly more. Montgomery, Al. was named the #1 historical city by USA Today in 2014 and is home to the only Hyundai car manufacturing plant in the U.S. Also, Montgomery had close to one million people visit the National Memorial for Peace and Justice Museum and the companion Legacy Museum since its opening in 2018. Come invest in Montgomery Alabama, the City of Dreams. PRICE JUST REDUCED BY $850k FOR A QUICK SALE!!! Must close in 21 days!!
Montgomery is located in Alabama. Montgomery, Alabama has a population of 201,022. Montgomery is less family-centric than the surrounding county with 22.55% 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 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 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.
