2121 WINONA Avenue, Montgomery, AL 36107

$239,000

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List Price
$239,000
Status
ACTIVE
Days on Market
5
MLS#
590611
Subtype
Residential Income
Year Built
1930
Subdivision
Capitol Heights
Neighborhood
Capitol Heights
MLS Area Major
MONT-N Montgomery City

Property Description

Investor-ready triplex offering proven income, immediate leasing upside, and an established rental history. Two units are currently leased at $800 and $995 per month, generating $1,795 in monthly income. The third unit is vacant and actively marketed at $695 per month, giving the next owner the flexibility to place a new tenant, occupy the unit, or evaluate an alternative use. At full occupancy, projected gross rent totals $2,490 per month or $29,880 annually. The property includes a two-bedroom, one-bath unit; a one-bedroom, one-and-a-half-bath unit; and a one-bedroom, one-bath unit. Built in 1930 with approximately 2,484 total square feet, the triplex received renovations before the current owner’s acquisition approximately five years ago. The property is currently professionally managed by River Region Rentals.

Additional Information

Interior Features
Breakfast Area, Living/Dining Room
Flooring
Carpet, Wood
Appliances
Gas Range, Gas Water Heater, Refrigerator
Heating
Space Heater
Air Conditioning
Ceiling Fan(s), Window Unit(s)
Levels
One and One Half
Middle School
,

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC..