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3394 Southmont Dr

4 Unit Block of Flats £225,346 (£56,336/Unit) Montgomery, AL 36105

Investment Highlights

  • Situated in a desirable neighborhood
  • Fully vacant and ready for occupancy
  • Close proximity to historic downtown Montgomery

Executive Summary

This 4-plex apartment building is a rare gem situated in a desirable neighborhood. This property offers four spacious units, each featuring 2 bedrooms and 1 bathroom. Expected to bring in approximately $50K in rents per year. This property is perfect for investors! This site could even be used as an Airbnb because of the close proximity to historic downtown Montgomery. Currently fully vacant and ready for occupancy! Provides the flexibility to select your own tenants. Property can be shown easily because all units are vacant.

Property Facts

Price £225,346
Price Per Unit £56,336
Sale Type Investment
No. Units 4
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.34 AC
Building Size 3,592 SF
Average Occupancy 0%
Number of Floors 2
Year Built 1948
Parking Ratio 1.67/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 4 - 900

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-04-19-3-008-015.000
Land Assessment
£939
Improvements Assessment
£15,727
Total Assessment
£16,666

zoning

Zoning Code R-75-S (Residential Apts)
R-75-S (Residential Apts)
  • Listing ID: 33842532

  • Date on Market: 12/11/2024

  • Last Updated:

  • Address: 3394 Southmont Dr, Montgomery, AL 36105

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