AL
Montgomery
Montgomery
36111
3701 - 3743 Wesley Drive
3701 - 3743 Wesley Drive, Montgomery, AL 36111
Share Listing
Listing Type
Multi Family
Listing Status
active
32
$1,049,900

Home Details for 3701 - 3743 Wesley Drive

Price
$1,049,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1963
County
Montgomery
Garage
Days on site
4
MLS Listing#
581579
Property Description

INVESTORS DREAM!!! Great 22-unit apartment building with huge upside potential. 17 of 22 units have been fully renovated and have tenants in them. There remains five units to be remodeled. This is a great investment. All 1 Bedroom units are 900+ square feet and the 2 Bedroom apartments are 1000+ Sq/Ft with large patio/balconies. There is an incredible courtyard out back offering residents a place to rest and relax among nature. Two of the members of the company who owns the property are licensed Alabama and Georgia real estate agents There are three 1 bedroom 1 bath units, all have been renovated. There are fifteen 2 bedroom 1 bath units, all but three have been renovated. There are four 2 bedroom 2 bath units, all but two have been renovated. Owner pays water and trash ($27/can) as well as the electricity for the outdoor lights. ***VALUE ADD OPPORTUNITY*** -Due to the large unit sizes 900 & 1,000 square ft, an additional bedroom could be added. -5 units are left to be renovated -Below market rent based on the Montgomery Housing Authority last updates -1 Br up to $932 -2 Br up to $1108 -3 Br up to 1432 -Laundry facility & vending machine additions. -Add new roof. -Located in Opportunity Zone providing additional tax incentives.

Property Features
  • Heating Information
    • Central
    • Electric
    • Natural Gas
  • Utilities
    • Cable Available
    • Electricity Available
    • Natural Gas Available
  • Parking
    • Concrete
    • Driveway
    • Parking Pad
  • Cooling Information
    • Central Air
    • Electric
  • House Interior
    • Breakfast Bar
    • High Speed Internet
  • Water Features
    • Public
School Information
School Information for 3701 - 3743 Wesley Drive, Montgomery, AL 36111
Elementary School
N/A
Middle School
,
High School
N/A
Listing Courtesy: Norluxe Realty Montgomery - 205-440-2088
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Last Updated: 2025-11-16 21:15:53
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EXIT GARTH REALTY
5960 Carmichael Place, Montgomery, AL 36117
Office
334 593 0489
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