$650,000
1761 Wire Road #multi, Auburn, AL, 36830
Active MLS# 179774 19 days on market
5 bd 5 ba 2,884 sq ft 0.00 acres
My Notes

Description

Exceptional investment opportunity featuring FIVE 1-bedroom, 1-bath condos in a highly desirable location directly across from the veterinary school. All units are ground-floor, offering easy access and strong rental appeal. Each condo is leased through July 2027, providing immediate and stable income with long-term leases already in place—perfect for investors seeking a turnkey, low-maintenance addition to their portfolio. The location is a standout, consistently attracting student and faculty tenants due to its close proximity to campus and everyday conveniences. First-floor units are always in demand, helping support continued occupancy and tenant retention. Community features 2 outdoor swimming pools, tennis courts, basketball goal and mature trees throughout. Whether you’re expanding your portfolio or looking for a solid entry into investment real estate, this package offers reliable cash flow, prime location, and proven rental history. Total MONTHLY rent through July 2026 = $4,150. July 2026-July 2027=$4,500

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Property Details

Property Type
Residential
Subtype
Condominium
Bedrooms
5
Bathrooms
5
Full Baths
5
Half Baths
0
Living Area
2,884 sq ft
Lot Size
0.00 acres
Year Built
1984
City
Auburn
Subdivision
BROOKES CONDOMINIUMS
County
Lee
Cooling
CentralAir,Electric,HeatPump
Heating
HeatPump
Original Price
$910,000
List Date
April 3, 2026
MLS Area
Auburn
Parcel #
0807350000007000

Price History

  1. Price Reduced $650,000 -$260,000
  2. Listed $910,000

Location

Drive Times