2121 WINONA Avenue, Montgomery, AL 36107

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List Price
$239,000
Days on Market
14
Status
ACTIVE
MLS#
590611
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.

Additional Information

Neighborhood
Capitol Heights
Interior Features
Breakfast Area, Living/Dining Room
Flooring
Carpet, Wood
Heating
Space Heater
Cooling
Ceiling Fan(s), Window Unit(s)
Utilities
Cable Available, Natural Gas Available
Water
Public
Sewer
Public Sewer
Middle School
,

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Calculator source: Real Geeks

Listing courtesy of eXp Realty, LLC..