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Listed by KAREN HEIMEN BERGARA • KELLER WILLIAMS REALTY AUBURN OPELIKA
$ 290,000
Est. payment | /mo
2,516 SqFt
$ 290,000
Est. payment | /mo
2,516 SqFt
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 $115
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
Income-producing multifamily opportunity in Lanett! This property features two duplex buildings offering a total of four 1-bedroom, 1-bath units. Three units are currently tenant occupied, providing immediate rental income, while the vacant unit offers the potential for additional revenue growth. Tenants pay their own utilities, helping reduce operating expenses. Conveniently located near I-85 with easy access to West Point, Kia Georgia, Auburn, Opelika, LaGrange, and Columbus. As housing prices continue to rise in the Auburn-Opelika market, this property presents an attractive opportunity to acquire a multifamily asset in a nearby area at a more accessible price point. Whether expanding an investment portfolio or entering the multifamily market, this property offers a combination of current income and future upside potential. 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