1 of 39
Herramientas
Size
1.55 acres
Exterior
Financial
$1,375,000
Change Currency
$4,380
Annual taxes
Listing Details
Multifamiliar
Tipo de inmueble
1963
Año de construcción
10212750
ID web
7326558
ID de MLS
244
Days Posted
Descripción
3701 Wesley Drive,
Montgomery,
AL
36111
Montgomery, AL 36111
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.
This is an Active listing.
Broker Office Phone Number: 404-604-3800
Copyright © 2024First Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
This is an Active listing.
Broker Office Phone Number: 404-604-3800
Copyright © 2024First Multiple Listing Service, Inc.. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Amenidades
- Parking Lot
Historial de precios
date | price | variance | type |
---|---|---|---|
1/17/2024 | $1,375,000 | - | Listado |
Listing By: Keller Williams Buckhead via Data Source: First Multiple Listing Service, Inc.
agente de listado: Jaquon Robinson