507 N 16TH STREET, Lanett, AL 36863
Local realty services provided by:ERA Waldrop Real Estate
Listed by: steven gaddis
Office: world impact real estate
MLS#:21452775
Source:AL_BAMLS
Price summary
- Price:$90,000
- Price per sq. ft.:$82.57
About this home
Great Investment Opportunity – Tenant-Occupied & Cash Flowing! Welcome to this well-maintained income-producing property, perfect for investors! This home is tenant-occupied with reliable tenants who pay on time, providing immediate rental income from day one. The interior is very clean and well cared for, and the home features a new roof installed in 2017, adding long-term value and peace of mind. This property has a strong rental history and generates positive cash flow, making it an excellent addition to any investment portfolio. Priced to sell—don’t miss this opportunity to own a solid rental property with steady income potential!
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Home facts
- Year built:1980
- Listing ID #:21452775
- Added:8 day(s) ago
- Updated:May 21, 2026 at 10:10 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet
- Bathrooms Description:Garden Tub
- Kitchen Description:Tile Counter
- Living area:1,090 sq. ft.
Heating and cooling
- Cooling:Central
- Heating:Central
Structure and exterior
- Year built:1980
- Building area:1,090 sq. ft.
- Lot area:10640 Acres
- Construction Materials:4 Sides Brick
- Foundation Description:Slab
- Levels:1 Story
Schools
- High school:LANETT
- Middle school:LANETT
- Elementary school:W. O. Lance
Utilities
- Water:Public Water
- Sewer:Septic
Finances and disclosures
- Price:$90,000
- Price per sq. ft.:$82.57
Features and amenities
- Laundry features:Dryer-Electric, Laundry in Middle Level, Washer Hookup
Parking
- Parking description:Driveway Parking
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