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1130 S Lawrence Street Montgomery, AL 36104

MLS #: 584264

ResidentialIncome: 

$425000

1130 S Lawrence Street
Montgomery, AL 36104 (View Map)

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Description

THIS IS A WONDERFUL QUAD! It serves as a LTR now but could EASILY be transformed into a 4 unit AirBnB once the leases expire and could potentially bring in $12k a month! There are four Large spacious units (front and rear private entrances) AND private screened porches. Each unit has 2 bedrooms and 1 Bathroom plus separate Laundry room off the Kitchen. The apartments boast central heating and air, high ceilings, separate laundry room with washer and dryer in each unit, and an eat-in kitchen. The downstairs units have hard wood floors and Upstairs units have carpet (to help with noise). The parking is perfect for Lawrence street because there is a circle drive that allows easy access to the carport. Each unit has one tenant and each tenant has their own covered parking space. The location makes it convenient to downtown and Cloverdale and interstate access is a breeze. Total current rent monthly is $3500.00. One unit is under-rented at only $750.00 (long term tenant). The other units ret for $900 and $950 per month.

Listing Details

List Agent: CJ Hodges

Phone:334-398-7888

List Office: Paramount Properties, LLC.
Office Phone: 334-398-7888

Details

MLS #: 584264
Listing Price: $425000
Parking: Concrete,DetachedCarport,Driveway
Carport Spaces: 4
Carport YN: 1
Built: 1930
Heating: Central,Gas
Cooling: CentralAir,Electric
Middle Or Junior School: ,
Architectural Style: TwoStory
County Or Parish: Montgomery
Cumulative Days On Market: 25
Days On Market: 25
Flooring: Carpet,Tile,Wood
Interior Features: EatInKitchen
Lease Term: TwelveMonths
Levels: Two
Mls Status: Active
Number Of Units Total: 4
Original List Price: 425000
Parcel Number: 10-04-18-3-014-017.000
Parking Features: Concrete,DetachedCarport,Driveway
Pool Features: None
Sewer: PublicSewer
Tax Annual Amount: 1467
Tax Legal Description: & S1/2 7
Utilities: CableAvailable,ElectricityAvailable,NaturalGasAvailable,HighSpeedInternetAvailable
Water Source: Public

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