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$410,000
8 Beds ⋅ 4 Baths ⋅ 7764510 MLS
This beautiful well-manicured property is located less than a half mile from the Citronelle high school, shopping, Dr offices, and is set up for peaceful enjoyment. This property has several decks and common areas for outdoor enjoyment. 4-income producing 2 bd rm 1 bth units with one unfinished unit being currently used as a storage unit.3 units and unfinished unit is under same roof and 1 unit is free standing and detached. There is room for more detached units if desired. Only with City of Citronelle approval. There is a 2-car carport, 3 small sheds, "pole barn, chicken coop, garden area, and green house could be purchased separately " GREAT INVESTMENT OPPORTUNITY!! CALL TODAY FOR YOUR SHOWING! Must see to appreciate !

18975 3rd, Citronelle

Listing courtesy of Citronelle Realty.

$325,000
8 Beds ⋅ 4 Baths ⋅ 7726315 MLS
Price Improvement $325,000. Investor alert! Turnkey Cash-Flowing 4-Unit Investment Opportunity! Fully occupied 4-unit property generating immediate income from day one. Properties with this kind of built-in cash flow and upside potential are becoming increasingly hard to find. Each unit features 2 bedrooms, 1 bathroom, a kitchen, a living room, and a laundry room, creating functional layouts that support strong tenant demand. All units are separately metered for electricity, keeping operating costs lower for the owner. Tenants pay their own electric, while water is shared. Current rents: •Two units rents $750/month • One unit at $650/month• One unit at $550/month and that tenant provides the maintenance for the property. All leases are month-to-month, allowing the next owner to adjust rents and increase overall returns. Situated on approximately 1.5 acres, this property offers additional upside potential with room for possible expansion, additional units, or other development opportunities (buyer to verify). Additional income opportunities include: a large roadside sign that can be leased for advertising, and parking income during local high school football games. The property offers ample parking in both the front and rear, along with covered porches on both sides of the building. Conveniently located within walking distance to medical facilities, restaurants, banks, shopping, and other everyday amenities, making it attractive for long-term tenants. Income-producing properties with land and future upside like this are rarely available. Do not disturb tenants. Showings by appointment only with the listing agent and subject to tenant approval.

8135 State Unit #A B C D, Citronelle

Listing courtesy of Keller Williams Mobile.

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