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4572 Myers Road, Eight Mile, AL 36613

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For Sale

$214,000

0.28 acres

Estimated Payment

$      /mo.

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.3 acres
    Lot size

  • 21-30 Years Old
    Age

Explore this Property

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 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, its 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 rental 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!
MLS# 7627373

Courtesy Of The Cummings Company

(251) 602-1941

Property Features

  • Age
    21-30 Years Old
  • Architecture Style
    Other
  • Lot Size
    0.28 Acres

Map and Directions

Directions to 4572 Myers Road, Eight Mile, AL 36613
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Home seller CENTURY 21 J. Carter & Company

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 J. Carter & Company

(251) 967-2121
Learn More About Us

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