$599,900

Residential Income In Montevallo

  • 2 Beds
  • 1 Baths
  • 1,000 Sqft
  • Updated: October 1
  • Source:
    Greater Alabama MLS  MLS#21466478

About the Property

This unique investment property offers multiple income-producing opportunities on approximately 1.25 acres with approximately 200 feet of road frontage along Highway 25. The property currently includes six residential rental units, consisting of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units. All units are connected to public water and public sewer and feature electric water heaters.
This unique investment property offers multiple income-producing opportunities on approximately 1.25 acres with approximately 200 feet of road frontage along Highway 25. The property currently includes six residential rental units, consisting of two 2-bedroom, 1-bath units and four 1-bedroom, 1-bath units. All units are connected to public water and public sewer and feature electric water heaters. Heating and cooling varies by unit, with some equipped with through-the-wall heat pump systems and others utilizing window heat pump units. In addition to the existing rental units, the property offers room for future income potential. A building lot with two sewer hookups and two water meters already in place.
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  • Property type

    Other

  • Year built

    1993

  • Price/sqft

    $599

Explore the Area

29 PIONEER DRIVE, Montevallo, Alabama, United States View on Google Maps
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Team Lehman LLC - MONTEVALLO

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Team Lehman LLC - MONTEVALLO
Alabama, United States
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2
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2026
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Team Lehman LLC - MONTEVALLO
MONTEVALLO, Alabama, United States
View agency profile
Last updated
October 1
First listed
October 1
Listing reference
21466478
Listing status
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