1615 Forest Avenue, Montgomery, AL 36106 (MLS # 561206)

Price $229,700
Status Active
Size 1,800 sqft
Lot Size n/a
Days on Market 131
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!
Property Type(s): Commercial
Last Updated 10/25/2024 Year Built 1930
Community MONT-Central Montgomery/ Cloverdale/ASU County Montgomery

Price History

Prior to Aug 16, '24 $267,000
Aug 16, '24 - Aug 16, '24 $247,500
Aug 16, '24 - Sep 11, '24 $257,500
Sep 11, '24 - Oct 25, '24 $249,500
Oct 25, '24 - Today $229,700

Additional Details

AIR Central Air, Electric
AIR CONDITIONING Yes
AREA MONT-Central Montgomery/ Cloverdale/ASU
CONSTRUCTION Wood Siding
HEAT Central, Electric
LOT DESCRIPTION City Lot, Level
LOT DIMENSIONS 50X190
STORIES 1
TAXES 349
UTILITIES Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
ZONING B-2

Location

 

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