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Listed by KAREN HEIMEN BERGARA • KELLER WILLIAMS REALTY AUBURN OPELIKA
$270,000
Est. payment /mo
2,516 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,516 sqft
Price per Sqft $107
MLS Listing ID 180514
HOA Y/N No
Year Built 1949
Annual Tax Amount $1,098
Lot Size 0.320 Acres
Acres 0.32
Property Sub-Type Multi Family
Property Description
NEW PRICE – $270,000! Investment opportunity in Lanett featuring four 1-bedroom, 1-bath units with all four units currently tenant occupied. The property provides immediate rental income from day one, and tenants pay their own utilities, helping reduce owner-paid operating expenses.
With established rental income and potential for future rent growth, this property offers an opportunity for investors looking to add a multi-unit asset to their portfolio. Conveniently located near I-85, West Point, Kia Georgia, Auburn/Opelika, LaGrange, and Columbus, providing access to several major employment and commercial areas.
Whether you're expanding an existing rental portfolio or purchasing your first multifamily investment, this fourplex offers four income-producing units under one purchase at a newly reduced price of $270,000.
Please do not disturb tenants. Showings by appointment only.
With established rental income and potential for future rent growth, this property offers an opportunity for investors looking to add a multi-unit asset to their portfolio. Conveniently located near I-85, West Point, Kia Georgia, Auburn/Opelika, LaGrange, and Columbus, providing access to several major employment and commercial areas.
Whether you're expanding an existing rental portfolio or purchasing your first multifamily investment, this fourplex offers four income-producing units under one purchase at a newly reduced price of $270,000.
Please do not disturb tenants. Showings by appointment only.
Location
State AL
County Chambers
Area Outside Lee Co
Interior
Heating Other, See Remarks
Cooling Other, See Remarks, Window Unit(s)
Fireplace No
Exterior
Parking Features Open
Utilities Available Cable Available, Sewer Connected, Water Available
Amenities Available None
Building
Lot Description < 1/2 Acre
Story 1
Entry Level One
Level or Stories One
Schools
Elementary Schools W O Lance Elementary
Middle Schools W O Lance Elementary
Others
Tax ID 1007364004005000
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