1532 Winona AVE, Montgomery, AL 36107
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1532 Winona AVE, Montgomery, AL 36107
1532 Winona AVE, Montgomery, AL 36107
1532 Winona AVE, Montgomery, AL 36107
1532 Winona AVE, Montgomery, AL 36107
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Listed by Steven Koleno • Beycome Brokerage Realty LLC.
$ 320,500
Est. payment /mo
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Price Dropped by $2K

1532 Winona AVE Montgomery, AL 36107

2 Beds

1 Bath

4,214 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 4,214 sqft

Price per Sqft $76

Subdivision Hillcrest

MLS Listing ID 584247

Style Two Story

Bedrooms 2

Full Baths 1

HOA Fees $10/qua

HOA Y/N Yes

Year Built 1940

Annual Tax Amount $1,500

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Condominium

Property Description

Excellent investment opportunity featuring a 6-unit multifamily property totaling approximately 5,400 sq ft, with each unit offering 2 bedrooms and 1 bathroom—for a total of 12 bedrooms and 6 bathrooms. Four units are currently occupied with yearly leases in place and are in good condition, providing immediate, stable income, while two units are vacant—one rent-ready with light improvements and the other needing additional updates, creating strong value-add potential. Current rental rates range from $525 to $800 per month, leaving room for increased cash flow with renovations and rent adjustments. Conveniently located near Alabama State University, Gunter Annex, Montgomery Zoo & Mann Wildlife Learning Museum, Oak Park, Downtown Montgomery (including Riverfront Park, restaurants, and entertainment), and Baptist Medical Center South, as well as local grocery stores and convenience markets, this property creates strong rental appeal and long-term upside in a great rental market.

Location

State AL

County Montgomery

Area Mont-Sw Mont/Regional Airport

Interior

Cooling None

Flooring Wood

Fireplaces Type None

Fireplace No

Appliance Water Heater, Washer

Exterior

Exterior Feature Balcony, Porch, Patio

Parking Features None

Pool None

Utilities Available Unknown

Water Access Desc Public

Porch Balcony, Covered, Patio, Porch

Building

Lot Description Outside City Limits

Entry Level Two

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Two Story

Level or Stories Two

New Construction No

Schools

Elementary Schools Morningview Elementary School

Middle Schools Capitol Heights Middle School,

High Schools Montgomery Preparatory Academy For Career Technolo

Others

Tax ID 10-03-08-2-022-003.000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan


NEARBY SCHOOLS & PROPERTIES

Britt Dowling

Britt Dowling

Broker Associate | License ID: 000123826

+1(334) 530-3576

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1532 Winona AVE