1005 11th Street, Phenix City, AL 36867
Local realty services provided by:Better Homes and Gardens Real Estate Historic
Listed by: michael terrell
Office: keller williams realty river cities
MLS#:234196
Source:GA_CBR
Price summary
- Price:$79,500
- Price per sq. ft.:$101.92
About this home
Income-producing investment property currently rented for $795 per month. At the individual allocated price of $79,500, the property reflects an estimated 9.2% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include a new water heater installed in 2024, updated kitchen cabinets, sink and countertop, sheetrock and painting, along with a newer gas space heater and additional miscellaneous upkeep. This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1015 11th Avenue and 1822 6th Court. The combined package is offered at $288,500, produces $2,985 per month in current rental income, and reflects an estimated package cap rate of approximately 9.5% based on seller-provided income and expense information. The package offers an investor three occupied income-producing properties with established rental history and documented improvements. Contact listing agent for rent roll, lease information, operating expenses, and complete package details....
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Home facts
- Year built:1940
- Subdivision & Development:NO SUBDIVISION
- Listing ID #:234196
- Added:6 day(s) ago
- Updated:September 21, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:1
- Total bathrooms:1
- Full bathrooms:1
- Kitchen Description:Electric Range
- Living area:780 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
- Heating:Gas
Structure and exterior
- Year built:1940
- Building area:780 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Level
- Architectural Style:Traditional
- Construction Materials:Frame
- Levels:1 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$79,500
- Price per sq. ft.:$101.92
Parking
- Parking description:Driveway
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