3701 - 3743 Wesley Drive Montgomery, AL 36111
Other Residential
MLS #: 566585
Courtesy Of Capital Market Center Partners dba KW Montgomery
Property InformationDescription
INVESTORS DREAM!!!
Great 22-unit apartment building with huge upside potential. 17 of 22 units have been fully renovated and have tenants in them. There remains seven units to be remodeled. This is a great investment. All 1 Bedroom units are 900+ square feet and the 2 Bedroom apartments are 1000+ Sq/Ft with large patio/balconies. There is an incredible courtyard out back offering residents a place to rest and relax among nature.
Two of the members of the company who owns the property are licensed Alabama and Georgia real estate agents
There are three 1 bedroom 1 bath units, all have been renovated.
There are fifteen 2 bedroom 1 bath units, all but three have been renovated.
There are four 2 bedroom 2 bath units, all but two have been renovated.
Owner pays water and trash ($27/can) as well as the electricity for the outdoor lights.
Potential monthly gross income for the 1 bedroom 1 bath units is $675 x 3 units=$2,025, $875 x 15 units is $13,125 and $925 x 4 units =$3700. Therefore, the total potential gross monthly rental income is $18,850 or $226,200 annually.
Great 22-unit apartment building with huge upside potential. 17 of 22 units have been fully renovated and have tenants in them. There remains seven units to be remodeled. This is a great investment. All 1 Bedroom units are 900+ square feet and the 2 Bedroom apartments are 1000+ Sq/Ft with large patio/balconies. There is an incredible courtyard out back offering residents a place to rest and relax among nature.
Two of the members of the company who owns the property are licensed Alabama and Georgia real estate agents
There are three 1 bedroom 1 bath units, all have been renovated.
There are fifteen 2 bedroom 1 bath units, all but three have been renovated.
There are four 2 bedroom 2 bath units, all but two have been renovated.
Owner pays water and trash ($27/can) as well as the electricity for the outdoor lights.
Potential monthly gross income for the 1 bedroom 1 bath units is $675 x 3 units=$2,025, $875 x 15 units is $13,125 and $925 x 4 units =$3700. Therefore, the total potential gross monthly rental income is $18,850 or $226,200 annually.
Features
- Age: Over 50 Years Old
- Amenities: Dock, Cable Ready
- Appliances: Cooktop, Oven
- Architecture Style: Other
- Exterior Type: Brick
- Floor Covering: Carpet, Vinyl, Wood
- Heating System: Central Furnace
MAP & DIRECTIONS
School Information
3701 - 3743 Wesley Drive, Montgomery, AL 36111
Elementary School
Grades KG-5 |
Public School
DAVIS ELEMENTARY SCHOOL
Montgomery, AL 36105
3605 Rosa Parks Dr
334.269.3662
Distance: 1.3 mi
School Rating
F
Student:Teacher Ratio
25:1
Total Students
471
Middle School
Grades 6-8 |
Public School
BELLINGRATH MIDDLE SCHOOL
Montgomery, AL 36105
3350 S Court St
334.269.3623
Distance: 1.4 mi
School Rating
F
Student:Teacher Ratio
20:1
Total Students
577
High School
Grades 9-12 |
Public School
LANIER HIGH SCHOOL
Montgomery, AL 36104
1756 S Court St
334.269.3726
Distance: 1.9 mi
School Rating
D
Student:Teacher Ratio
18:1
Total Students
872
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| Floyd Middle School | 0.7 mi | Public | 6-8 | A |
| Johnson Elementary School | 1.2 mi | Public | KG-5 | F |
| Bear Exploration Center | 1.5 mi | Public | KG-5 | A+ |
| Holt Street Christian Academy | 1.8 mi | Private | KG-6 | |
| First School | 1.8 mi | Private | PK-KG | |
| Montgomery Christian School | 1.9 mi | Private | KG-5 | |
| Carver High School | 2.1 mi | Public | 9-12 | D- |
| Jefferson Davis High School | 2.1 mi | Public | 9-12 | F |
| Forest Avenue Elementary School | 2.1 mi | Public | KG-5 | A+ |
| Dannelly Elementary School | 2.3 mi | Public | PK-5 | F |
| Montessori Academy | 2.3 mi | Private | PK-KG | |
| Father Purcell Memorial Exceptional Childrens Center | 2.3 mi | Public | ||
| Al Noor Academy - Sharon | 2.4 mi | Private | PK-5 | |
| Crump Elementary School | 2.4 mi | Public | KG-5 | C+ |
| Nixon Elementary School | 2.4 mi | Public | KG-5 | C- |
| Carver Elementary School | 2.6 mi | Public | KG-5 | B |
| Loveless Academic Magnet Program High School | 2.8 mi | Public | 9-12 | A+ |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Montgomery, AL 36111
| Median Age: | 38.4 |
|---|---|
| Married: | 34% |
| Number of Households: | 4,941 |
| Households with Children: | 32.9% |
Montgomery, AL 36111
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
-
Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
Copyright © 2025 Montgomery Area Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
