1005 11th Street, Phenix City, AL 36867

• 1 bed |
• 1 bath |
• 780 sqft

Property Description

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.

Listing Status:

Active

Data Last Updated:

October 6, 2026 at 2:25AM

Listing Office:

Keller Williams Realty River Cities : 706-221-6900

MLS ID:

234196

Interior

• General: Other-See Remarks
• Master Bath: None
• Appliances: Electric Range
• Basement: Other-See Remarks
• A/C: Window Unit(s)
• Heating: Natural Gas

Exterior

• General: Other-See Remarks
• Style: Traditional
• Parking: Driveway

Construction

• General: FrameOne

Location

• Originating MLS: Columbus BOR GA
• County: Russell

Lot

• Zoning: 0506142203057

Utilities

• Utilities: Underground Utilities
• Water: Public
• Sewer: Public Sewer

Financial

• Source: Columbus BOR GA