1204 S Mcdonough Street, Montgomery, AL 36104

$250,000

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List Price
$250,000
Days on Market
1
Status
ACTIVE
MLS#
588940
Year Built
1928

Property Description

Prime multi-family investment opportunity in historic Montgomery! This character-rich property combines classic architectural charm with reliable, immediate cash flow. Ideally situated right between vibrant Downtown Montgomery and the coveted Cloverdale historic district, this updated property features impressive high ceilings, spacious living areas, and low-maintenance updates that appeal strongly to high-quality long-term tenants. Positioned in a high-demand rental corridor, occupants enjoy unbeatable proximity to state government offices, Maxwell Air Force Base, Jackson Hospital, Alabama State University, and Downtown’s Riverfront entertainment district. PLEASE NOTE: This property is offered as part of an exclusive 4-property, 7 door portfolio package deal including: (1) 3440 & 3442 Wilmington Rd (36105), (2) 3444 & 3446 Wilmington Rd (36105), (3) 1204 A&B S McDonough St (36104), and (4) 2722 Geneva St (36107).This turn-key asset is an exceptional addition for 1031 exchange buyers, buy-and-hold investors, or out-of-state portfolio owners seeking immediate scale in Montgomery’s thriving rental market.

Additional Information

Neighborhood
Garden District
Stories
1
Interior Features
Kitchen/Dining Combo
Flooring
Tile, Vinyl, Wood
Heating
Central, Electric, Gas
Cooling
Central Air, Electric
Utilities
Unknown
Water
Public
Sewer
Public Sewer
Middle School
,

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Red Tails Realty Group.