$1,247 Closing Credit¹
LaCorey L. Boyd, Listing Office: Garth Realty Group, LLC.
$10,000
closing credit¹
3701-3743 Wesley Dr Montgomery, AL 36111
$1,199,000 List price
$10,000
Closing credit¹
House
Property details
About 3701-3743 Wesley Dr
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.
Highlights
Home typeOther
HeatingCentral, Electric, Natural Gas
StatusAccepting Backup Offers
(Contingent)
(Contingent)
CoolingCentral Air, Electric
Year built1963
ParkingConcrete, Driveway
MLS #566585
Summary
- MLS Number: 566585
- MLS Name: MAAOR
- Office Name: KW Montgomery
- Office Phone: (334) 277-8920
- Office Email: jacampbell@kw.com
- Listing Agent: Jaquon Robinson
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: 1/30/2025, 11:55:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,199,000
3701-3743 Wesley Dr
$10,000
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
1
Johnson Elementary School
Public District KG-5
1.1 mi
•4550 Narrow Lane Rd
1
Davis Elementary School
Public District KG-5
1.4 mi
•3605 Rosa Parks Dr
10
Bear Exploration Center
Public Magnet KG-5
1.6 mi
•2525 Churchill Dr
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 $37,344. Typical income of Montgomery, AL residents is between $35k-100k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
46%
<35k
47%
35k-100k
7%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
40%
Single, No Kids
25%
Single, with Kids
20%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
42%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
NHRA Drag Racing
Pro Boxing
Where do the neighbors shop?
Burlington
Big Lots
Family Dollar
Where do the neighbors go to eat?
Church's Chicken
Golden Corral
White Castle
What do the neighbors drive?
Chevrolet
Kia
Buick
What do the neighbors listen to?
Urban Adult Contemporary
Adult Standards
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Montgomery, AL
About 3701-3743 Wesley Dr
This home is located at 3701-3743 Wesley Dr in Montgomery, AL and zip code 36111. Features: 0 bathroom. It has been listed on Rocket Homes since November 27, 2024 and is currently priced at $1,199,000.
In December 2024, from all listings sold in Montgomery, AL there were more than 27 sold above asking price, over 91 sold below and more than 60 were sold right at the asked price. The inventory of homes for sale in Montgomery, AL between November and December 2024 decreased by 2%. Listings spent 70 days on the market in December 2024, and had a median list price of $181,577 during the same period.
From Rocket Homes Real Estate and based on county public records data.