#572615, A J Hayles, Listing Office: Red Tails Realty Group
3034-3044 Fairwest Pl Unit 24 Montgomery, AL 36108
Property details
About 3034-3044 Fairwest Pl Unit 24
This 24-unit apartment complex is built out of sturdy, concrete block construction, and each unit has 2 bedrooms and 1 bath. It has great investment potential once extensive renovations are made. It is located near Interstate 65 and across the street from the Public Health department and in close proximity to three public schools. This property is ready for an investor to bring it back to life and generate strong cash flow. It is a prime investment and when fully leased at pro-forma rents for Section 8 tenants, it can bring in almost $300K per year which should make the value of the property approximately $1.7M. In 2014, Montgomery, Alabama was named by USA Today as the #1 historical city in the United States. It is also home to the only Hyundai car manufacturing plant in the U.S. Montgomery had close to 1 million people visit the National Memorial for Peace and Justice museum and the companion Legacy Museum. In 2024, Montgomery, Alabama landed on the top 25 best places to visit in the South from the Southern Living magazine. Come invest in Montgomery, Alabama. Act quickly to get more details on the 24-unit apartment complex and/or to schedule a showing.
Highlights
Summary
- MLS Number: 570156
- MLS Name: MAAOR
- Office Name: David Herman Realty
- Office Phone: (334) 207-2464
- Office Email: porterfield714@yahoo.com
- Listing Agent: David Herman
Listing Information Copyright 2025 Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS®, Inc. All rights reserved. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Multiple Listing Service, Inc. of Montgomery Area Association of REALTORS® Inc. Real estate listings held by brokerage firms other than this broker are governed by MLS Rules and Regulations and detailed information about them includes the name of the listing companies.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/5/2025, 10:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$480,000
3034-3044 Fairwest Pl Unit 24
$5,700
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
7
Carver Elementary School
Public Magnet KG-5
0.2 mi
•3100 Mobile Dr
1
Davis Elementary School
Public District KG-5
1.4 mi
•3605 Rosa Parks Dr
2
Thelma S. Morris Elementary School
Public District KG-5
1.4 mi
•801 Hill St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $10,490. Most Montgomery, AL residents have annual incomes less than $<35k. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
Living in Montgomery, AL
About 3034-3044 Fairwest Pl Unit 24
This home is located at 3034-3044 Fairwest Pl Unit 24 in Montgomery, AL and zip code 36108. Features: 0 bathroom. It has been listed on Rocket Homes since February 5, 2025 and is currently priced at $480,000.
In March 2025, from all listings sold in Montgomery, AL there were more than 26 sold above asking price, over 115 sold below and more than 58 were sold right at the asked price. The number of listings in Montgomery, AL increased by 12.5% between February and March 2025. While the average time on the market in March 2025 was 83 days, the median list price was $185,950.