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About This Home
This 3-bedroom, 1-bathroom single family at 507 N 16TH STREET in Lanett, AL is listed for $90,000 ($83 per sqft). Built in 1980, the home offers 1,090 sqft of living space on a 10640.00 acres lot.
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!
Key Features
- Built in 1980
- 10640.00 acre lot
Property Details
Amenities
Monthly Cost Estimate
$481/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
507 N 16TH STREET
Lanett, AL 36863
A P LEE
Property Details
Flooring
Construction
Parking
Heating
Cooling
Questions & Answers
This 3-bedroom, 1-bathroom single family at 507 N 16TH STREET is listed at $90,000 ($83/sqft). The estimated monthly payment is $390 based on 20% down at 6.5% interest.
Key features include: Built in 1980, 10640.00 acre lot.
This property is listed by Steven Gaddis and can be reached at 2053016310 or stevengaddis@gaddisrealtor.com.




