$225,000 Sold

338 Lee Rd 441, Phenix City, AL 36870, USA

5 bd 2 ba 2,077 sq ft 0.49 acres

Sold $225,000 on February 25, 2026

338 Lee Rd 441, Phenix City, AL 36870, USA

5 bd 2 ba 2,077 sq ft 0.49 acres

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At today's 6.5% rate with 10% down, a buyer would pay ~$1,291/mo for a home at this value.

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Description

Turnkey and already producing steady income, this North Phenix City brick home is tenant-occupied and brings in $2,100 per month. It offers five bedrooms plus an additional office that can function as another bedroom or flex space, providing plenty of room for tenants who need extra space. The screened-in porch overlooks a private backyard, and a detached structure out back could be converted into additional living space or used for storage, adding even more value. Investors will appreciate the long-term, low-maintenance tenants who moved in July 2023, along with major updates already completed: leaf-guard gutters installed in 2018, a new HVAC in 2019, energy-efficient windows added in 2021, and new HVAC ductwork completed in 2024. A standout feature: this property is dually zoned for both the Lee County School System and Phenix City Schools, offering flexibility for tenants with school-age children. A solid, hassle-free addition to any rental portfolio.