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 1814 and 1816 Madison Ave in Historic Capitol Heights! This duplex, built in 1930, offers charm and convenience. Each has a front porch to relax and sip your favorite beverage on. From the porch you enter into a spacious and bright living room. The dining room has an original built-in cabinet and is situated between the living room and kitchen, it’s large enough for hosting family and friends. Each unit has 1 bathroom flanked by 2 bedrooms. The HVAC, electrical, plumbing, water heater and roof were replaced in 2015 when the sellers purchased the property. The brick and vinyl soffits and fascia make this property low maintenance. This duplex has been used for short and long term renters. You could live in one side and rent out the other or it’s perfect for military tenants with its proximity to the Air Force bases. It is also convenient to downtown whether for work or play. There is a large gravel parking area in the rear which makes pulling in and out of the driveway easier. Truly this is downtown living without the downtown price or parking challenges! Make your appointment to come check out this great duplex and make it yours!
Located on 10+ac, within a mile of downtown Marion, AL, we offer 2 Antebellum homes secured behind a Wrought Iron fence, a cottage perfect for a grounds keeper, and 2 vacant residential lots. One Antebellum, MYRTLE HILL, C.1840, built by John Huntington a silversmith from North Carolina, has been listed on the National Register of Historic Places. Entering the front through it’s 4 stunning Doric Columns, past a most striking stairway, we find the formal Living and Dining Rooms. The lovely mantels and beautiful chandeliers found here are offered throughout these homes. The 3315 sq.ft. home features 4 Bedrooms, 3.5 Baths and Breakfast joining the Kitchen. The back sitting porch overlooks azaleas, hydrangeas, camellias and a water feature that includes a water fall. In 1907, it was purchased by Mr. and Mrs. William Caffee, who’s daughter Ruby named the home for the Crepe Myrtles blooming at the time. Ruby lived in the home until age 95, when it was sold to the Lewis family who restored it to become Myrtle Hill Bed and Breakfast & Gardens in 1994. Myrtle Hill remained in the Lewis family until purchase by it’s current owners. Our next Antebellum is BELLE TERRACE, C.1838, also built by the Huntingtons. Upon front entry, there’s a lovely stairway and two flanking Parlors. It’s 3652 sq.ft. includes 4 Bedrooms, 2 1/2 Baths, large Kitchen, Breakfast, and Formal Dining. There’s an unbelievable Sunroom and Screened and Open Porches, where the back acreage, gardens, and large Koi pond can all be viewed. The back deck leads to the CARRIAGE HOUSE with car storage, a private 1 Bedroom, 1 Bath apartment upstairs, and an attached Green House. The final home offered includes 2 Bedrooms and 1 Bath, with the intended use as a possible CARETAKER’S COTTAGE for the gated homes. With all this property has to offer, it’s well suited for multi-families looking for a quiet, home away from home, could be used as a Bed-N-Breakfast again, or perfect for an Entertainment and Wedding Venue!!
Centrally located Apartment Building – close to schools, YMCA, shopping, restaurants and so much more. This complex would the be the perfect addition to your existing investment portfolio, or the perfect way to start one. This complex has 4 apartments that are all 3 bedroom/2 bath units. Each apartment unit is over 1300 sq ft has its own living room, kitchen with dining area, large master bedroom with private bathroom, large guest rooms, laundry hook ups, and guest bathroom. The downstairs apartments have their own screened in patios while the upstairs apartments share a divided balcony access. Tenants all enter from the central front or back door of the building and each apartment has two entrance doors for easy access. At this time, two of the four units currently have long term tenants. The third rented apartment has had some updates made to it recently and that tenant has been there for a year now. The vacant unit is being used for viewing while the property is being sold and would rent nicely with some new paint and flooring! The complex also has a covered parking area in the rear with extra storage access for your tenants convenience. Reach out today for more information or to make an appointment!
Multi Family Properties do not come to market often in this area and I do not look for this one to last long either!!! At $1,825 per month in gross rents – all three units being tenant occupied ALREADY…this is a RARE FIND!!!! Begin building a rental portfolio or add to your passive income stream beginning immediately. The seller has made several updates over the past several months to different aspects of the property including both plumbing and electrical which should minimize the out of pocket expenses in the near future. Contact your favorite REALTOR soon before this one gets away!
This three unit investment opportunity is located in desirable Cloverdale/Idlewild. Built as a duplex in the 1930’s, the two main units underwent upgrades/renovations about 15 years ago (new kitchens and new baths.) Unit 1 has an enclosed front porch for additional living space, and unit 2 has a sunroom which could swing as a child’s room/3rd bedroom if needed. Detached 2 car garage has efficiency studio apartment above for additional rental income! This has been a great cash-flowing investment for its current owner, and at one time was rented solely to Maxwell Air Force students.
Here is a wonderful opportunity to own a 4 Plex right next to downtown Montgomery. Located on the main street this property sits. Now this property is vacant and does need to be complete. Starting with the brick exterior, this property does have new windows, new doors, new roof and all new woodwork including the stairs. Plenty of space in the back for parking multiple vehicles. Starting with the interior we have 4 units in total, 2 upper units and 2 lower units. Each unit has its own personal entrance. Each unit has the same layout 2 bed 1 bath with open floor plan. All units are around 1000sqft each. Woodwork on the interior is in great condition. All new plumbing as well. Interior will need to be finished from the insulation, drywall etc. Very difficult to find a 4plex especially so close to the downtown area. POF and appointment are required to view the property. 770-548-1469
Great 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.