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Multi-family
MLS# 418861
$280000
Status: Active

3206 Wellington Road
Montgomery, Alabama 36106
(map)
Neighborhood: Idlewild
Rents are pro forma at $650 a month each. Actually should be able to get closer to $800 a month because of this great Old Cloverdale location. This 8 unit is priced to sell quickly! Way below market value but owner says"SELL!" 6 of the 8 units are currently rented but rented below market rental rates. One is at $495,two are at $550, two are at $560 and one is at $575. Price is firm at $280k because seller was going to put on market for $380k but has already reduced the price by $100000! Tenant pays all utilities except water and garbage. There is additional income from the laundry facilities. Some of heating and air are central and some are window units. Seller has an inactive al real estate license and an active GA license
Additional Photos
Features
Map
Foundation:Slab
Design:2 Story
Construction:Brick
Parking:Parking Pad