DUPLEX DOWNTOWN TROY, AL
Stop Your Investment Property Search Located in charming downtown Troy, Alabama 108 N. Oak Street hasbeen totally renovated andconsidered premier apartments (Airbnb) in the area. Troy boast many amenities including Troy University, The Pioneer Museum of Alabama, Conecuh River Military Museum, Butter & Egg Adventures, Trojan Oaks Golf Course, Troy-Pike Cultural Arts Center, lots of fashionable boutiques and wonderful dining. Plus, the exciting sporting events played at Troy University. Troy is home to a variety of growing industries including Sikorsky Aircraft, a Lockheed Martin Company, KW Plastics Recycling, Wiley Sanders Trucking, Kimber Manufacturing, and only minutes from the Walmart Distribution Center. Troy is also conveniently located only 2 hours from the Gulf Coast Beaches, and an hour from historic Montgomery, Alabama. Troy's population for 2021 was 17,609. The University has a student count of 15,507. Currently apartments in Troy rent between $563 to $1557 per month. The average 2-bedroom apartment rents for $868. This price continues to rise each year with the demands of the growing population. With 48 percent of Troy's population currently renting this is an amazing opportunity for investors. The Duplex -108 Oak Street is located on the Square in downtown Troy. Previously a general store, a building that could be placed on the national historic registry. This charming duplex was totally renovated in 2010 and has been used for apartments and Airbnb. This bottom floor is a 2 bedroom, 2.5 baths, central heating and air, open concept kitchen and living room unit, 9 ft. ceilings. Located upstairs is the Upstairs Loft Downtown Troy - 110 North Oak Street The 2nd unit also has 2 bedrooms and 2.5 baths, open concept, full kitchen with stainless appliances, living and dining areas and 9ft ceilings. The roof was partially renovated in 2021 and has a true 20-year transferable warranty for the new investor.
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