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… Read More 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. Read Less
Courtesy of Michael Terrell, Keller Williams Realty River Cities 706-221-6900
Listing Snapshot
Days Online
14
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
952
Lot Size
0.34 Acres
Year Built
1950
MLS Number
234201
30 Days Snapshot Of 36867
$212k
-6%
(avg) sold price
9
+12%
homes sold
73
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Electric Range
Building
Built in 1950, Living area: 952, Building area total: 952, Levels: One, Architectural style: Traditional, Construction materials: Frame, 1 story
Cooling
Central Electric
Foundation
Foundation details: Slab/No
Heating
Electric
Lot
0.34 acres, 14,810 square feet, Level
Parking
Driveway
Security Features
None
Sewer
Public Sewer
Utilities
Underground Utilities
Find The Perfect Home
'VIP' Listing Search
Whenever a listing hits the market that matches your criteria you will be immediately notified.
Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Source: Columbus Board of REALTORS
Listings last updated on .
Confirm your time
Fill in your details and we will contact you to confirm a time.
Matt Horne
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.
