Property summary
This exceptional investment opportunity presents a rare chance to acquire a substantial multifamily property boasting a strong 8.25% cap rate. The offering encompasses two distinct buildings situated on a generous 1.86-acre lot in the heart of Montgomery's vibrant downtown area. One building comprises six two-bedroom residential units, providing a consistent rental income stream. The second building is a charming, freestanding four-bedroom, one-bathroom single-family home, offering additional income potential or the possibility of owner occupancy. The combined property totals 8,269 square feet, providing ample space for all residents. Convenient off-street parking is available for all tenants, a significant advantage in this desirable location. The property's prime location places it within easy walking distance of Montgomery's finest restaurants and unique boutiques, enhancing its appeal to tenants and maximizing rental income. This is a turnkey investment ready to generate immediate returns, presenting a compelling opportunity for discerning investors seeking a high-yield, well-located property in a thriving community. The asking price is $1,550,000. Don't miss this chance to secure a valuable asset in a sought-after market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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