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Listed by Nicholas A. Armistead • Real Broker, LLC.
$ 239,000
Est. payment /mo
New
2121 WINONA AVE Montgomery, AL 36107
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Capitol Heights
MLS Listing ID 590611
HOA Y/N No
Year Built 1930
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.
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.
Location
State AL
County Montgomery
Area Mont-N Montgomery City
Interior
Interior Features Breakfast Area, Living/Dining Room
Heating Space Heater
Cooling Ceiling Fan(s), Window Unit(s)
Flooring Carpet, Wood
Fireplace No
Appliance Gas Range, Gas Water Heater, Refrigerator
Exterior
Utilities Available Cable Available, Natural Gas Available
Water Access Desc Public
Building
Entry Level One and One Half
Sewer Public Sewer
Water Public
Level or Stories One and One Half
New Construction No
Schools
Middle Schools ,
Others
Tax ID 10-03-08-1-027-015.000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional