3394 Southmont Dr
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3394 Southmont Dr
4 Unit Apartment Building $415,642 CAD ($103,910 CAD/Unit) Montgomery, AL 36105
INVESTMENT HIGHLIGHTS
- Situated in a desirable neighborhood
- Fully vacant and ready for occupancy
- Close proximity to historic downtown Montgomery
EXECUTIVE SUMMARY
This 4-plex apartment building is a rare gem situated in a desirable neighborhood. This property offers four spacious units, each featuring 2 bedrooms and 1 bathroom. Expected to bring in approximately $50K in rents per year. This property is perfect for investors! This site could even be used as an Airbnb because of the close proximity to historic downtown Montgomery. Currently fully vacant and ready for occupancy! Provides the flexibility to select your own tenants. Property can be shown easily because all units are vacant.
PROPERTY FACTS
| Price | $415,642 CAD | Building Class | C |
| Price Per Unit | $103,910 CAD | Lot Size | 0.34 AC |
| Sale Type | Investment | Building Size | 3,592 SF |
| No. Units | 4 | Average Occupancy | 0% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1948 |
| Apartment Style | Low-Rise | Parking Ratio | 1.67/1,000 SF |
| Price | $415,642 CAD |
| Price Per Unit | $103,910 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.34 AC |
| Building Size | 3,592 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 1948 |
| Parking Ratio | 1.67/1,000 SF |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 900 |
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PROPERTY TAXES
| Parcel Number | 10-04-19-3-008-015.000 | Improvements Assessment | $28,861 CAD |
| Land Assessment | $1,723 CAD | Total Assessment | $30,584 CAD |
PROPERTY TAXES
Parcel Number
10-04-19-3-008-015.000
Land Assessment
$1,723 CAD
Improvements Assessment
$28,861 CAD
Total Assessment
$30,584 CAD
ZONING
| Zoning Code | R-75-S (Residential Apts) |
| R-75-S (Residential Apts) |
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3394 Southmont Dr
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