Rare 4 Unit Investment Property in Historic Downtown Montgomery on Madison Ave! Proven AirBnb Performer, Currently leased at $12,000 per month! Opportunities like this don’t come around often – located in the heart of historic downtown Montgomery, this fully renovated 4 Unit Apartment Building features (2) 1 BR/1BA units & (2) Efficiency units – convenient for Airbnb travelers, corporate stays, military students, extended guests or long term tenants! Updated kitchens, baths, flooring, mechanical systems and exterior! On site parking, security camera system, and secure coded entry for guests! Walking distance to downtown restaurants and attractions. Cash Flow from Day 1 – temporarily leased to a private party for $12k per month, and proven Airbnb income track record when lease ends. Turn-key investment and rental opportunity for someone looking for a multi-family property near the city attractions and major employers!

Great investment opportunity. All systems and condition unknown to seller. Seller has never lived in the property. Sold AS-IS, WHERE IS. No Seller concessions will be paid. No Contingencies accepted. CASH ONLY. Schools to be verified by purchaser. No tenant.

Live almost FREE here or EZ reno and make money! Upstairs 3/2 with lower 2/2 already set up to rent and offset your mortgage; Reno lower level into 2 units for a possible 3-unit set-up! Investor info: about 9% cap as-is, with value-add near 12%! This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title.

Opportunity knocks with this Multi Family Unit! While it does need great TLC and repairs, it’s a fantastic investment opportunity. Located in a growing area, this property has great potential for equity growth. Perfect for investors who are ready to bring their vision to life. There is potential for rentals for students of Alabama State University or Huntingdon College. Property is being sold AS IS, WHERE IS.

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 five 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, all but two have been renovated.

Owner pays water and trash ($27/can) as well as the electricity for the outdoor lights.

| *** 2025 fire damaged 2 units not yet renovated & roof of one building***

***Asbestos discovered in drywall / sheetrock joint compound in burned building***

***Abatement estimates available upon receipt of POF*** |

***VALUE ADD OPPORTUNITY***

-Due to the large unit sizes 900 & 1,000 square ft, an additional bedroom could be added.

-5 units are left to be renovated

-Below market rent based on the Montgomery Housing Authority last updates

-1 Br up to $932

-2 Br up to $1108

-3 Br up to 1432

-Laundry facility & vending machine additions.

-Add new roof.

-Located in Opportunity Zone providing additional tax incentives.

Investment dream. 3 units in desirable Capitol Heights. 2, 1bedroom units and one 2 bedroom unit.

Prime Cloverdale Investment Opportunity and Prime LOCATION! This Classic Brick Two-Unit Multifamily Home sits in the heart of Historic Cloverdale, one of Montgomery’s most charming and sought-after neighborhoods. Each spacious apartment features Hardwood Floors, Central Heating and Air, a Water Heater, and Washer/Dryer hookups. New Roof in 2020. The units boast Large Living Rooms and Unit 3141 has a Dining Room. Both units provide comfortable layouts and timeless character. The property offers attic space for storage, large yard and ample off-street parking. This rental property is in-demand—vacancies rarely exceed 1.5 months! Current Gross Annual Income: $24,450 (based on current annual leases), Pro Forma Cap Rate over 6% (based on current market rents). This property is within walking distance to Cloverdale Road Park, several popular local restaurants and a short drive to Huntingdon College, ASU, State Capitol and Maxwell AFB. Whether you’re looking for a turnkey investment or envision converting this beauty into a single-family residence, opportunities like this don’t come along often!

This massive 10-bedroom, 5-bath duplex offers incredible potential and tons of space to work with. The exterior updates are already complete — including new siding, fresh paint, and the roof was replaced in 2021! The interior is ready for your vision, it will require a full rehabilitation and cosmetic updates.
The property is divided into two separate units — one with 6 bedrooms and 3 baths downstairs, and another with 4 bedrooms and 2 baths upstairs — making it ideal for multi-family rental income or redevelopment.
If you’re an investor or developer looking for a high-ROI project, this one has all the makings of a winner. Bring your creativity and turn this spacious property into something spectacular!

Come see this great opportunity for investors in the Garden District Area of Montgomery. This is a four unit Multi-Family plus a single bedroom detached cottage. The four-plex is a two story building. Each unit within the duplex is a two bedroom one bath unit with a living room and full kitchen. All units have washers and dryer connections which make them extremely attractive to prospective tenants.

The cottage house is a single bed and single bath unit. This cottage is very desirable.

It is priced to sell and won’t last long. Call today to schedule a showing.

Discover this beautifully updated property offering two homes, providing excellent versatility and investment potential. The front home showcases a modern, open layout with neutral colors throughout, updated flooring, and charming details like a wood-accent ceiling and decorative fireplace feature. The kitchen is bright and spacious, complete with crisp white cabinetry and ample counter space for meal prep or entertaining.
The back home is already leased out, offering an immediate income opportunity for the new owner. With both residences sitting on a sizable lot, there’s room for outdoor enjoyment and plenty of parking. This property is ideal for an investor or homeowner seeking a primary residence with rental income.