1604 Auburn Road, Phenix City, AL 36867
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Jeff Wallace

Jeff Wallace

+1(828) 989-5392
$125,000
Est. payment /mo
2 Beds
1 Bath
952 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 952 sqft

Price per Sqft $131

Subdivision No Subdivision

MLS Listing ID 234201

Style Traditional

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1950

Lot Size 0.340 Acres

Property Sub-Type Single Family Residence

Property Description

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.

Location

State AL

Area Russell

Rooms

Kitchen Breakfast Room

Interior

Interior Features Other-See Remarks

Heating Electric

Cooling Central Electric

Appliance Electric Range

Exterior

Parking Features Driveway

Utilities Available Underground Utilities

Garage No

Building

Lot Description Level

Story 1

Foundation Slab/No

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories One

Others

Special Listing Condition Standard

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Listed by Keller Williams Realty River Cities

Nearby Locations

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Jeff Wallace

Jeff Wallace

+1(828) 989-5392

Owner- Team Lead License ID: GA-423331

Owner- Team Lead License ID: GA-423331

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