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Residential Income - Eight Mile, AL
Welcome to 4572 W Myers Rd--a special, rare investment opportunity offering immediate cash flow and long-term potential.
This unique property features three separate living units - main house with three bedrooms and two bathrooms, self-contained one bedroom apartment and a private studio suite fully occupied with long-term tenants who are two and four year residents and would love to stay. Whether you're an investor seeking strong, steady rental income or a homeowner looking to offset your mortgage by living in one unit and renting the others, this versatile property delivers.
The main house is currently divided into three individually rented rooms, bringing in $500, $500, and $480 per month. Each room comes furnished, and tenants share common areas that include a fully equipped kitchen with two refrigerators, stove, oven, microwave, and ample cabinet space. The shared living room has a ...
The main house is currently divided into three individually rented rooms, bringing in $500, $500, and $480 per month. Each room comes furnished, and tenants share common areas that include a fully equipped kitchen with two refrigerators, stove, oven, microwave, and ample cabinet space. The shared living room has a TV and a walkout to the back of the house stone patio. Cozy foyer is adjacent to a laundry room with coin-operated washer and dryer, this space has a dedicated 5 year old AC/heat pump unit for year-round comfort.
Apartment 1 rents for $700/month and includes an open concept kitchen with stove, fridge, microwave, cabinets, it's own 10000btu AC/heat pump, water heater, and the outside patio with access to the backyard.
Apartment 2 rents for $680/month and offers similar amenities with a full kitchen, appliances, new AC/heat pump and a water heater.
Property has parking for five tenants and visitors!
With a total rent income of $2,860 per month and reliable tenants, this property is a good find for those looking to grow their real estate portfolio or reduce living expenses while building equity. Don't miss this income-generating arrangement--schedule your private showing today!
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