15E 20th Street, Lanett, AL 36863

$265,000

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List Price
$265,000
MLS#
10836782
Type
Multifamily
City
Lanett
County
Chambers
Subdivision
Callaway Place
Year Built
1949

Property Description

**INVESTOR OPPORTUNITY - FULLY OCCUPIED FOURPLEX!** Add a performing multifamily property to your portfolio with this 100% tenant-occupied fourplex in Lanett. The property includes four 1-bedroom, 1-bath units, offering immediate rental income with no initial lease-up period. Tenants pay their own utilities, helping keep owner-paid operating expenses lower. Positioned near I-85, the property provides convenient access to West Point, Kia Georgia, LaGrange, Auburn, Opelika, and Columbus. This location offers connectivity to several major employment and commercial areas across East Alabama and West Georgia. With all four units currently leased and income already in place, this property may be a strong fit for investors looking for an established rental property, portfolio expansion, or their first multifamily investment. **New price - schedule your showing and review the income potential for yourself.** Please do not disturb tenants. Showings by appointment only.

Additional Information

Elementary School
Lanett
High School
Lanett
Parking
Parking Pad
Basement Type
Crawl Space
Stories
1 Story
Fees Include
None
Tax Year
2025

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Calculator source: Real Geeks

Listing courtesy of Plains Realty Partners.

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