About This Home
This 3-bedroom, 1-bathroom single family at 1822 6th ct in Phenix City, AL is listed for $99,500 ($85 per sqft). Built in 1924, the home offers 1,176 sqft of living space on a 0.13 acres lot.
Key Features
- Built in 1924
- 0.13 acre lot
Property Details
Amenities
Income-producing investment property currently rented for $995 per month. At the individual allocated price of $99,500, the property reflects an estimated 9.1% cap rate based on current rent and seller-provided operating expense assumptions. Recent improvements include replacement ductwork completed in January 2025 and kitchen cabinets replaced in February 2025.
This property is not currently available for individual purchase and must be purchased as part of a three-property investment package with 1005 11th Street and 1015 11th Avenue. 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.
Monthly Cost Estimate
$532/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1822 6th ct
Phenix City, AL 36867
Property Details
Flooring
Construction
Views
Outdoor Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1822 6th ct is listed at $99,500 ($85/sqft). The estimated monthly payment is $532 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1924, 0.13 acre lot.
This property is listed by Michael Terrell and can be reached at 7622077005.
