2121 Winona Ave

Montgomery AL 36107

Other

Currently for sale - view listing

Overview

Investor-ready triplex offering proven income, immediate leasing upside, and an established rental history. Two units are currently leased at $800 and $995 per month, generating $1,795 in monthly income. The third unit is vacant and actively marketed at $695 per month, giving the next owner the flexibility to place a new tenant, occupy the unit, or evaluate an alternative use. At full occupancy, projected gross rent totals $2,490 per month or $29,880 annually. The property includes a two-bedroom, one-bath unit; a one-bedroom, one-and-a-half-bath unit; and a one-bedroom, one-bath unit. Built in 1930 with approximately 2,484 total square feet, the triplex received renovations before the current owner’s acquisition approximately five years ago. The property is currently professionally managed by River Region Rentals.

Features

Other

Property history for 2121 Winona Ave

2021

Sold

$187,000

17 Jun 2021 by Michael Stroup, of Harris Realty

2019

Sold

Undisclosed

12 Sep 2019 by Justin Moody

2016

Sold

$70,500

28 Sep 2016 by Garry Wimberly, of Montgomery Metro Realty

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