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VRP Seller will entertain offers between $349000-$379,000. 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.
| DAYS ON MARKET | 25 | LAST UPDATED | 3/5/2026 |
|---|---|---|---|
| TRACT | Town Of Citronelle | YEAR BUILT | 1984 |
| COUNTY | Mobile - AL | STATUS | Active |
| PROPERTY TYPE(S) | Condo/Townhouse/Co-Op |
| Elementary School | McDavid-Jones |
|---|---|
| Jr. High School | Lott |
| High School | Citronelle |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Range , Refrigerator |
| BASEMENT | None |
| CONSTRUCTION | Brick |
| EXTERIOR | Other |
| HEAT | Central, Electric |
| INTERIOR | Other |
| LOT | 1.52 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Landscaped, Level |
| LOT DIMENSIONS | 107x631x107x631 |
| PARKING | Driveway, Parking Lot |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 1 |
| STYLE | Other |
| SUBDIVISION | Town Of Citronelle |
| TAXES | 2500 |
| UTILITIES | Electricity Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | City, Trees/Woods |
| WATER | Public |
| WATERFRONT DESCRIPTION | Stream |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Amber Busby with Keller Williams Mobile
All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of the Gulf Coast Multiple Listing Service, Inc. IDX/RETSreal estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer’s personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2003 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
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