4572 Myers, Eight Mile, AL 36613

Property Description

Turnkey income property with immediate returns, an ideal opportunity to invest or live on-site while earning rental income, with the added benefit of a potential mother-in-law suite. This large 2,157 sq ft home is currently generating $2,950 per month in rental income, and has long stay tenants. It offers immediate cash flow and excellent flexibility for investors or owner-occupants. The property is set up with multiple living spaces, including a 3-bedroom main house and 2 additional units (a studio and a 1-bedroom apartment), all occupied by residents on a month-to-month basis. Buy it vacant, rent it out fully for maximum returns, or live in one space while the remaining units help cover your mortgage. Rental agreements and a history of utilities costs can be provided upon request. Recent renovations include new windows, updated kitchen cabinets, and remodeled bathrooms. Additional features include a 2.5 Ton Goodman AC and Heat system in the main house, two separate PTAC units serving the two apartments, a coin operated washer and dryer. Metal roof is approximately 3 years old, and a paved driveway was installed 4 years ago. Conveniently located near the interstate with easy access to town. Property is being sold as is, with or without rentals. Buyer to verify all information for financing. Schedule your private showing today!