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Apartment
·
for sale
USD 341,900
36064, Montgomery city, Montgomery CCD Montgomery County Alabama, Montgomery County, Alabama, Alabama, USA
Enterprise, Verbena CCD Chilton County Alabama
· 2 Bedrooms · 1 Bath · Apartment
Excellent investment opportunity featuring a 6-unit multifamily property totaling approximately 5,400 sq ft, with each unit offering 2 bedrooms and 1 bathroomfor a total of 12 bedrooms and 6 bathrooms. Four units are currently occupied with yearly leases in place and are in good condition, providing immediate, stable income, while two units are vacantone rent-ready with light improvements and the other needing additional updates, creating strong value-add potential. Current rental rates range from 525 to 800 per month, leaving room for increased cash flow with renovations and rent adjustments. Conveniently located near Alabama State University, Gunter Annex, Montgomery Zoo Mann Wildlife Learning Museum, Oak Park, Downtown Montgomery including Riverfront Park, restaurants, and entertainment, and Baptist Medical Center South, as well as local grocery stores and convenience markets, this property creates strong rental appeal and long-term upside in a great rental market.beycome.com Listin
Excellent investment opportunity featuring a 6-unit multifamily property totaling approximately 5,400 sq ft, with each unit offering 2 bedrooms and 1 bathroomfor a total of 12 bedrooms and 6 bathrooms. Four units are currently occupied with yearly leases in place and are in good condition, providing immediate, stable income, while two units are vacantone rent-ready with light improvements and the other needing additional updates, creating strong value-add potential. Current rental rates range from 525 to 800 per month, leaving room for increased cash flow with renovations and rent adjustments. Conveniently located near Alabama State University, Gunter Annex, Montgomery Zoo Mann Wildlife Learning Museum, Oak Park, Downtown Montgomery including Riverfront Park, restaurants, and entertainment, and Baptist Medical Center South, as well as local grocery stores and convenience markets, this property creates strong rental appeal and long-term upside in a great rental market.beycome.com Listin
USD 341,900
