1130 S Lawrence Street Montgomery, AL 36104

Building Details

Year Built

1930

Listing Agency Paramount Properties, LLC. Show Phone

Listed by CJ Hodges · License #0077902 Show Phone

Source Exitrealty

Added: Mar 2 Checked: Jul 16 at 3:13 am

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Investment Insights

Based on property information with market context.

This quadplex features four large units, each with two bedrooms and one bathroom. Each unit has front and rear private entrances, as well as private screened porches. The apartments include central heating and air, high ceilings, and a separate laundry room with a washer and dryer in each unit, along with an eat-in kitchen. The downstairs units have hardwood floors, while the upstairs units are carpeted. A circle drive provides easy access to the carport, and each unit has one covered parking space. The property is currently used as a long-term rental, but it could be transformed into a four-unit Airbnb once the leases expire. The location offers convenient access to downtown and Cloverdale, with easy interstate access. The total current monthly rent is $3500. One unit is under-rented at $750, while the other units rent for $900 and $950 per month. The property is located on Lawrence Street.

Key Highlights

• High income potential as a 4‑unit Airbnb, estimated at $12k/month.
• Currently operating as a rental property generating $3500/month in rental income.
• Four spacious units, each with 2 bedrooms, 1 bathroom, and private screened porches.

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FAQs

What type of property is this?

Quadplex - Four-unit property with potential for short-term rental income.

Where is this quadplex located?

The property is located at 1130 S Lawrence Street Montgomery, AL.

What is the asking price?

The asking price for this property is $425,000.

What are key features of this property?

This property features: High income potential as a 4‑unit Airbnb, estimated at $12k/month.; Currently operating as a rental property generating $3500/month in rental income.; Four spacious units, each with 2 bedrooms, 1 bathroom, and private screened porches.