507 N 16TH STREET, Lanett, AL 36863

Local realty services provided by:ERA Waldrop Real Estate
507 N 16TH STREET,Lanett, AL 36863
$90,000
  • 3 Beds
  • 1 Baths
  • 1,090 sq. ft.
  • Single family
  • Active
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