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Listed by KAREN HEIMEN BERGARA • KELLER WILLIAMS REALTY AUBURN OPELIKA
$ 280,000
Est. payment | /mo
2,516 SqFt
$ 280,000
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 $111
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
**INVESTOR OPPORTUNITY — FULLY OCCUPIED FOURPLEX!** Add a performing multifamily property to your portfolio with this 100% tenant-occupied fourplex in Lanett. The property includes four 1-bedroom, 1-bath units, offering immediate rental income with no initial lease-up period. Tenants pay their own utilities, helping keep owner-paid operating expenses lower. Positioned near I-85, the property provides convenient access to West Point, Kia Georgia, LaGrange, Auburn, Opelika, and Columbus. This location offers connectivity to several major employment and commercial areas across East Alabama and West Georgia. With all four units currently leased and income already in place, this property may be a strong fit for investors looking for an established rental property, portfolio expansion, or their first multifamily investment.
**New price — schedule your showing and review the income potential for yourself.**
Please do not disturb tenants. Showings by appointment only.
**New price — schedule your showing and review the income potential for yourself.**
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