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327 Cloverdale Rd, Montgomery, AL, 36104

8beds
4baths
--sqft
$429,900
--price/sqft
$3,025/moest. monthly cost
$121,000/yrincome needed

About This Home

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!

Getting Around

60
WalkingSomewhat Walkable
23
TransitMinimal Transit
48
BikeSomewhat Bikeable

Schools

6/10
2/10
1/10
Lanier Senior High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1930

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Two Story
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Oven,Gas Cooktop,Gas Oven,Gas Water Heater,Microwave,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Eat-in Kitchen
  • Flooring: Vinyl,Wood

Heating & Cooling

  • Heating features: Heat Pump,Space Heater
  • Cooling features: Multi Units,Window Unit(s)

Property

Details

  • Parcel number: 1004192001013.000

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Balcony
  • Exterior features: Balcony
  • Topography of land: Rolling

Lot

  • Features: City Lot,Rolling Slope

Parking

  • Parking features: Driveway,Gravel,Shared Driveway