$329,449

8135 State Street, Citronelle, AL 36522

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon1.52acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 months ago

Property Description

VRP Seller will entertain offers between $329,000-$349,000. Investor alert! Turnkey Cash-Flowing 4-Unit Investment Opportunity! Fully occupied 4-unit property generating immediate income from day one. Properties with this kind of built-in cash flow and upside potential are becoming increasingly hard to find. Each unit features 2 bedrooms, 1 bathroom, a kitchen, a living room, and a laundry room, creating functional layouts that support strong tenant demand. All units are separately metered for electricity, keeping operating costs lower for the owner. Tenants pay their own electric, while water is shared. Current rents:• Two units at $650/month• Two units at $550/month. All leases are month-to-month, allowing the next owner to adjust rents and increase overall returns. Situated on approximately 1.5 acres, this property offers additional upside potential with room for possible expansion, additional units, or other development opportunities (buyer to verify). Additional income opportunities include: a large roadside sign that can be leased for advertising, and parking income during local high school football games. The property offers ample parking in both the front and rear, along with covered porches on both sides of the building. Conveniently located within walking distance to medical facilities, restaurants, banks, shopping, and other everyday amenities, making it attractive for long-term tenants. Income-producing properties with land and future upside like this are rarely available. Do not disturb tenants. Showings by appointment only with the listing agent and subject to tenant approval.

Listing Status:
Active
Date Added:
February 26, 2026
Data Last Updated:
July 5, 2026 at 7:08AM
Listing Office:
Keller Williams Mobile : 251-662-5660
Listing Agent:
Marcile Sims : 251-232-3090
MLS ID:
7780400
  • A/C: Ceiling Fan(s)Central Air
  • Heating: Central
  • Disability Feature: Accessible BedroomAccessible EntranceAccessible KitchenAccessible Washer/Dryer
  • Eco/Green Feature: None
  • Parking: DrivewayLevel DrivewayParking Lot
  • Roofing: Metal
  • Windows: Double Pane Windows
  • General: Brick 4 SidesOne
  • Originating MLS: GCMLS2
  • County: Mobile - AL
  • Topography: Level
  • Zoning: 040736400006601
  • View: RuralView
  • Fencing: None
  • Utilities: Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: GCMLS2

This listing courtesy of Marcile Sims , Keller Williams Mobile

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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