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45
Photos
1615 Forest Avenue, Montgomery, AL 36106
$229,700 Asking Price
$---/mo Est. Payment Get Prequalified »
3
beds
2
baths
1,800
sqft
Built in
1930
***Investors*** Income-Producing Gem conveniently located near downtown with Maxwell and Gunter AFB, EJI National Memorial and Legacy Museums, ASU and Huntingdon Colleges, Civil Rights and Confederate sites, Montgomery Riverwalk and Biscuits Baseball stadium. Zoned for Commercial with Multi-Use Potential! Located just off I-85, this property is currently a Thriving Short-Term Rental as an Airbnb and Furnished Finder rental. Property Features:**Income Producing: Proven track record with short-term rentals, generating steady income. **Current Use: Multi-Unit Configuration. Studio: Spacious living/sleeping area with newly updated bathroom and hotel-style kitchenette. Two-Bedroom Unit: One bathroom, spacious living room, formal dining room, and fully equipped kitchen. **Zoned for Commercial: Flexible zoning accommodates numerous business opportunities. Transform into a chic cafe or salon/spa. Ideal for professional offices, such as attorney, therapist, or insurance agency. Flexible Layout available with 5 spacious rooms ideal for offices or other uses to fit your specific business needs. Potential for 14 parking spaces with convenient alley access. **Completely Renovated with Modern Upgrades: New Roof (2023) Updated Electrical System (2022) New HVAC (2022) Updated Plumbing (2022) Retains several charming original features, including beautiful hardwood floors and custom-designed 10ft tall ceilings with new light fixtures. Whether you're an investor looking for a profitable rental property or a business owner seeking the perfect space, this property offers endless possibilities. Schedule a viewing today to see firsthand the potential this property holds!
Features & Amenities
Interior
- Appliances:
- Electric Water Heater
- Flooring:
- Tile,Wood
- A/C:
- true, Central Air,Electric
- Heating:
- true, Central,Electric
Exterior
- General:
- Fully Fenced,Porch
- Style:
- One Story
- Pool:
- None
- Parking:
- Driveway
Construction
- General:
- Wood Siding, 1
Location
- Originating MLS:
- MAAOR
- County:
- Montgomery
Lot
- Topography:
- Level
- Zoning:
- Highland Park Lot 3 BLK 85 Plat Bk 002 page 024, 10-04-17-3-018-007.000
- Fencing:
- Full
Utilities
- Utilities:
- Cable Available,Electricity Available
- Water:
- Public
- Sewer:
- Public Sewer
Financial
- Source:
- MAAOR
This listing courtesy of:
We Shine Realty Experts, LLC., LaTarsha Shine
Monthly Payment
Disabled 10% or more?
Used a VA Loan before?
Eligible for BAH?
Do you have dependents?
Your BAH amount is for the military housing area.
Loan term (number of years)
Property taxes are generally around 1.2% of the home’s value, but may vary based on location.
Annual homeowners insurance is typically 0.35% of the home’s value but can vary based on insurer.
$---
Est. Payment *
- Principal & Interest $--
- Taxes $--
- Insurance $--
- VA Funding Fee $--
$--- Est. Payment - $--- BAH = $--- Remaining
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About Montgomery, AL
Housing
- Number of Units
- 94,595
- Median Home Value
- $147,246
- Median Rent
- $728
45.60% of housing units are renter occupied.
11.97% are vacant.
Commute
- Car
-
81.05%
- Public Transportation
-
0.47%
- Walk to Work
-
1.28%
- Work from Home
-
16.50%
- Other
-
0.58%
The median travel time to work is 18 minutes.
People
- Population
- 206,522
- Median Age
- 37.40
- Median Household Size
- 2.50
Education
- High School
-
23.85%
- Associate’s Degree
-
7.64%
- Bachelor’s Degree
-
19.96%
- Graduate Degree
-
13.93%
Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.
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