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1532 Winona Avenue Montgomery AL 36107

Excellent investment opportunity featuring a 6-unit multifamily property totaling approximately 5,400 sq ft, with each unit offering 2 bedrooms and 1 bathroom—for a total of 12 bedrooms and 6 bathrooms. Four units are currently occupied with yearly leases in place and are in good condition, providing immediate, stable income, while two units are vacant—one rent-ready with light improvements and the other needing additional updates, creating strong value-add potential. Current rental rates range from $525 to $800 per month, leaving room for increased cash flow with renovations and rent adjustments. Conveniently located near Alabama State University, Gunter Annex, Montgomery Zoo & Mann Wildlife Learning Museum, Oak Park, Downtown Montgomery (including Riverfront Park, restaurants, and entertainment), and Baptist Medical Center South, as well as local grocery stores and convenience markets, this property creates strong rental appeal and long-term upside in a great rental market.

Courtesy of: Beycome Brokerage Realty LLC.
  • MLS #
    584247
  • Bedrooms
    2
  • Baths
    1
  • SQFT
    4214
  • Acres
    0.36

RPG Realty

Tel: (334) 481-0116
Email: info@rpg-realty.com

The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than RPG Realty are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies. This information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. Listing information © 2018 Multiple Listing Service, inc. of Montgomery Area Association of REALTORS®, Inc.