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1604 AUBURN ROAD

General Overview

Income-producing property located along Auburn Road with current rental income of $850 per month. The property is being offered at $125,000 and provides an opportunity for an investor seeking current income with potential long-term upside tied to the Auburn Road location. Based on seller-provided income and expense assumptions, the projected cap rate is approximately 6.0% at the current asking price. Recent improvements include five replacement windows installed in 2026. The property is currently used as a residential rental but offers additional long-term potential due to its location along a heavily traveled commercial corridor. This property may appeal to investors seeking rental income today while considering future owner-user or commercial possibilities. Buyer should independently verify zoning, permitted uses, measurements, and any intended future use with the City of Phenix City. Seller also owns additional residential investment properties that are being marketed separately as a three-property package. Contact listing agent for lease information, rent roll, and additional portfolio details.

Information
MLS Number
234201
Status
Active
Lot Size
0.34 acres
List Price
$125,000
City
PHENIX CITY
Square Feet
952
County
Russell
Bedrooms
2
State
AL
Bathrooms
1
Interior Features
Master on Main
No
Interior
Other-See Remarks
Rooms
Other-See Remarks
Kitchen
Breakfast Room
Heating & Cooling
Electric
Basement
Slab/No
Appliances
Electric Range
Exterior Features
Siding
Frame
Amenities
Underground Utilities
Lot
Level
Parking
Driveway

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