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1822 6TH COURT

General Overview

Income-producing investment property currently rented for $995 per month. At the individual allocated price of $99,500, the property reflects an estimated 9.1% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include replacement ductwork completed in January 2025 and kitchen cabinets replaced in February 2025. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1005 11th Street and 1015 11th Avenue. The combined package is offered at $288,500, produces $2,985 per month in current rental income, and reflects an estimated package cap rate of approximately 9.5% based on seller-provided income and expense information. The package offers an investor three occupied income-producing properties with established rental history and documented improvements. Contact listing agent for rent roll, lease information, operating expenses, and complete package details.

Information
MLS Number
234194
Status
Active
Lot Size
0.13 acres
List Price
$99,500
City
PHENIX CITY
Square Feet
1,176
County
Russell
Bedrooms
3
State
AL
Bathrooms
1
Interior Features
Master on Main
No
Interior
Other-See Remarks
Rooms
Other-See Remarks
Kitchen
Other-See Remarks
Heating & Cooling
Electric
Basement
Other-See Remarks
Appliances
Electric Range
Exterior Features
Siding
Frame
Features
Other-See Remarks
Amenities
Underground Utilities
Lot
Level
Parking
Driveway

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