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1415 Madison Avenue NE , #6

Montgomery, AL 36107
  • $398,000
  • STATUS: Active Under Contract
  • ON SITE: 65 Days
  • MLS #: 559816
Under Contract
UPDATED: 63 min ago
$398,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1935
County:
Area:

School Information

Middle School:
,

Description

Attention Investors this fully renovated tenant-occupied 6 unit multiplex is a Dream come true! Its strategic location near downtown Montgomery ensures a high demand for rental units, translating to low vacancy rates and a steady income stream. Units A, B, C, D are located in the front and units E and F are located in the rear. They're five 2 bedroom 1 bth units and one 3 bedroom one bath unit. The modern amenities, ample parking, and inviting common areas make this property a standout choice for renters, further enhancing its investment potential. Every unit in this multiplex is designed with tenant comfort and convenience in mind. The units have been upgraded with new flooring, carpet and new interior paint. These units includes a generously sized living room, bedrooms, a fully equipped kitchen, a refrigerator, and a modern tub-shower combo, ensuring a comfortable living experience. The proximity to downtown Montgomery offers tenants easy access to a variety of dining, entertainment, and shopping options, as well as convenient connectivity to major highways. *Bonus Features* *Roof is less than 10 years old* Electrical and Plumbing are Operable* Tenants are Responsible for their own utilities* Additionally, Under Apartment A there is a potential laundry room for the tenants and property sits on over half an acre lot* This prime location is sure to attract quality tenants, making it an excellent addition to any investment portfolio. Don't miss out on this fantastic opportunity to own a fully renovated, tenant-occupied multiplex in a thriving area. With its combination of modern features, excellent location, and strong investment potential, this property is poised to deliver long-term value and returns. Contact me or your favorite realtor today and schedule a viewing to secure this exceptional investment property!

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[Montgomery Area Association of Realtors] logo © 2024 Montgomery Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Josh Vernon Group | Keller Williams. Data last updated: 2024-09-19T12:20:59.947.

www.joshvernongroup.com/homes/152633940
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1415 Madison Avenue NE , #6 Montgomery, AL 36107

  • Price: $398,000
  • Status: Active Under Contract
  • On Site: 65 Days
  • Updated: 63 min ago
  • MLS #: 559816
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1935
Built
Neighborhood:
Capitol Heights
County:
Montgomery
Area:
Montgomery
Middle School:
,
Property Description
Attention Investors this fully renovated tenant-occupied 6 unit multiplex is a Dream come true! Its strategic location near downtown Montgomery ensures a high demand for rental units, translating to low vacancy rates and a steady income stream. Units A, B, C, D are located in the front and units E and F are located in the rear. They're five 2 bedroom 1 bth units and one 3 bedroom one bath unit. The modern amenities, ample parking, and inviting common areas make this property a standout choice for renters, further enhancing its investment potential. Every unit in this multiplex is designed with tenant comfort and convenience in mind. The units have been upgraded with new flooring, carpet and new interior paint. These units includes a generously sized living room, bedrooms, a fully equipped kitchen, a refrigerator, and a modern tub-shower combo, ensuring a comfortable living experience. The proximity to downtown Montgomery offers tenants easy access to a variety of dining, entertainment, and shopping options, as well as convenient connectivity to major highways. *Bonus Features* *Roof is less than 10 years old* Electrical and Plumbing are Operable* Tenants are Responsible for their own utilities* Additionally, Under Apartment A there is a potential laundry room for the tenants and property sits on over half an acre lot* This prime location is sure to attract quality tenants, making it an excellent addition to any investment portfolio. Don't miss out on this fantastic opportunity to own a fully renovated, tenant-occupied multiplex in a thriving area. With its combination of modern features, excellent location, and strong investment potential, this property is poised to deliver long-term value and returns. Contact me or your favorite realtor today and schedule a viewing to secure this exceptional investment property!
Exterior Features

Construction Materials Brick Garage YN Yes Parking Features Asphalt Attached Driveway Garage Pool Features None

Interior Features

Appliances Electric Cooktop Electric Oven Electric Water Heater Refrigerator Cooling Window Unit(s) Cooling YN Yes Flooring Plank Vinyl Wood Heating Multiple Heating Units Heating YN Yes Interior Features Living / Dining Room

Property Features

Architectural Style Two Story Association YN No Attached Garage YN Yes Documents Count 1 Foundation Details Slab Lease Considered YN No Lease Term Other Levels Two Listing Terms Cash Conventional Lot Features City Lot New Construction YN No Number Of Pads 12 Number Of Units In Community 6 Possession Closing Sewer Public Sewer Stories 2 Tax Legal Description Lots 3 and 4 of the Loeb Realty Company Subdivision in Hopper Gilmer & Hall Platas said Plat of said Subdivision appears of record in the Office of the Judge of Probate of Montgomery County Alabamain Plat Book 4at Page 70. Tenant Pays All Utilities Utilities Cable Available Electricity Available High Speed Internet Available Water Source Public

[Montgomery Area Association of Realtors] logo Listing provided by Tyneshia Hasberry of Berryville Realty LLC.: 334-245-4225.



[Montgomery Area Association of Realtors] logo © 2024 Montgomery Area Association of Realtors, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Josh Vernon Group | Keller Williams. Data last updated: 2024-09-19T12:20:59.947.

 
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Birmingham AL,