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327 Cloverdale Rd

Montgomery AL 36104

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Currently for sale - view listing

Overview

Four-Unit Apartment Building in WALKABLE AREA to Frenchies, Vintage Cafe, Filet & Vine, and Pine Bar. This is an all brick building that sits on a lovely hill with a large front yard and big mature trees. Each unit has 2 bedrooms, 1 bathroom, a living room, HARDWOOD FLOORS, and a screened porch. Three units are operating as highly profitable short term rentals (airbnbs) and 1 unit is a longterm rental (329-A). The short term rentals are turn-key. You can start hosting as soon as you close. ALL FURNITURE, LINENS, Kitchen items, TVs and APPLIANCES convey in the three short term rental (airbnb) units. Fridge and stove convey in the longterm unit. NEW ROOF & EXTERIOR PAINT in 2019. Updated ELECTRICAL in 2020. THREE UNITS RENOVATED (short term rental units) between 2017-2019. TERMITE BOND with Terminix. There are 2-3 parking spaces in the back, and ample parking on the street. This is a wonderful opportunity for an investor who is looking for ready to host short term or midterm rentals, or wanting to host traveling nurses. This would also make a great property for an investor who wants to be an owner occupant. Your whole mortgage could be paid by guests! All utilities except water are separately metered. Do not miss out on this incredible property!

Features

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Property history for 327 Cloverdale Rd

2018
Rented
Undisclosed
12 Jul 2018 by Sullivan & Wills
2017
Rented
Undisclosed
30 May 2017 by Sullivan & Wills
2017
Rented
Undisclosed
20 Feb 2017 by Sullivan & Wills

Happy sellers in Montgomery

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Local market activity for other properties in Montgomery

In the last 12 months, 9 other properties similar to 327 Cloverdale Rd, have been sold.

This represents a 36% increase in other properties sales when compared to the previous 12 months.

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