For more information, contact:

Lanier Harris

Investment Sales

  • (334) 590-9177

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$212,000

Montgomery, AL 36106

Property Details

Lexington Road multi unit!! This is a 3 unit opportunity with a two-story duplex totaling 3,767 SF in the main building and a garage apartment with covered parking. Apartment #1 is a 3/2 with beautiful hardwood floors, and character from the 1940s. The 2nd unit is a 2/1 and has been rented by the same tenant for 9 years. The A/C units are in excellent age & condition. This property will need work to bring it up to top rental condition but the numbers work with an ARV over $300,000. Rent in this area has climbed 6.68% in the last 30 days alone. Unit 1 & the garage apartment are vacant at the moment. If you are a serious investor with a history of good property management in Montgomery, we want to share this property with you. Sold AS IS.
  • Beds5
  • Baths3
  • Sq Ft3,767
  • Property TypeDuplex

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    YOU SHOULD INDEPENDENTLY VERIFY ALL FACTS, FIGURES, REPAIR ESTIMATES, ARV’S, RENTAL AMOUNTS, PROPERTY FEATURES, AND MEASUREMENTS. ALL PROPERTIES ARE SOLD AS-IS, WHERE-IS. The seller has an assignable purchase agreement, equitable interest or other ownership interest in the property listed. We are investors exploring the possibility of assigning our purchase contract with the seller, selling our interest in the property or doing a double close transaction wherein we take title and then resell the property. All deals and offers are subject to getting marketable title.

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