2031 Ridge Avenue,Montgomery, AL 36106

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Property Type
Residential Income
Price
$429,900
MLS #
#571844

About This Property

Discover the charm and potential of this newly listed multi-family property nestled in the historic Old Cloverdale neighborhood of Montgomery. Perfectly tailored for savvy investors, this property features two separate units. The first unit is a 2BR/1BA with 1,123 sq ft. The second unit is a 2BR/2BA with 2,117 sq feet. Each unit has received several renovations and upgrades, come fully furnished, under professional management, and are currently renting to short-term guests, making it a turnkey solution for generating rental income immediately.

You are conveniently located near Montgomery’s finest amenities…The beautiful LeGrande and Cloverdake Rd Parks are nearby, offering green spaces for outdoor enjoyment. Culture enthusiasts can enjoy proximity to the Capri Theatre and the Cloverdale Playhouse offering indie films and excellent live theatrical performances. For those who might lean towards academic pursuits or have college-bound family, Huntingdon College and Alabama State University are mere minutes away, offering nearby accommodations.

Adding to its appeal, this property is a hot spot for short-term rentals, thanks to its proximity to popular local eateries like El Rey, 5 Points Deli, Vintage Year and Vintage Cafe, Joe’s Again, Chuck’s Fish, Pierce’s Country Cooking and more.

Whether you’re sipping coffee on a breezy porch or exploring the rich tapestry of nearby educational institutions, eateries, and entertainment spots, this property promises not just an investment but a lifestyle rental. Start your adventure in upscale real estate investing today!

List Price
$429,900
Status
Active
MLS ID
571844
Town
Montgomery
Neighborhood
Cloverdale
County
Montgomery
Zip
36106
Property Type
ResidentialIncome
Construction
Brick,Stucco
Cooling
CentralAir,Electric,MultiUnits
Directions
FROM CARTER HILL TURN ONTO NARROW LANE ROAD. TURN RIGHT ONTO FAIRVIEW AVE. TURN RIGHT ON RIDGE AVE (BEFORE NORMAN BRIDGE RD)
Flooring
Tile,Wood
Heating
Central,Gas,MultipleHeatingUnits
Original List Price
$429,900
School Middle
,
Utilities Available
CableAvailable,ElectricityAvailable,NaturalGasAvailable,HighSpeedInternetAvailable