2802 Althea Street, Tuskegee, AL 36088
- $169,000
- 3
- BD
- 3
- BA
- 1,890
- SqFt
- List Price
- $169,000
- Status
- ACTIVE
- Days on Market
- 40
- MLS#
- 181714
- Subtype
- Residential
- Year Built
- 1940
- Bedrooms
- 3
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 1,890
- Lot Size
- 0
- Acres
- 0.64
- Subdivision
- Bulls
- MLS Area Major
- Outside Lee Co
Property Description
Welcome to 2802 Althea Street, a turnkey investment property with immediate cash flow and a tenant already in place. This recently restored 3-bedroom, 3-bath home offers approximately 1,890 square feet on a 0.64± acre lot, conveniently located just 1.9 miles from Tuskegee University, one of the area's strongest drivers of rental demand. Currently leased through May 31, 2027, the property generates $2,250 per month in rental income, allowing you to start collecting income from day one. The home is being sold fully furnished and includes major appliances, an ADT security system, washer and dryer, refrigerator, microwave, and dishwasher. The current owner covers utilities and services, including electricity, water, trash, Wi-Fi, lawn care, and pest control, making this an attractive, fully operational rental with an established tenant in place. Whether you're looking to expand your portfolio or purchase a proven income-producing property near Tuskegee University, this one checks the boxes. Skip the renovation, skip the vacancy, and start with a property that's already performing. Run the numbers, schedule your showing, and bring your offer before another investor adds this one to their portfolio.
Additional Information
- Interior Features
- Separate/Formal Dining Room
- Taxes
- $['1251.72']
- Community Features
- Tuskegee
- Flooring
- Wood
- Appliances
- Dryer, Refrigerator, Washer
- Heating
- None
- Air Conditioning
- Window Unit(s)
- Stories
- 2
- Levels
- Two
- Elementary School
- Tuskegee Public Elementary
- Middle School
- Tuskegee Public Elementary
- View
- None
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Listing courtesy of RE/MAX PROFESSIONAL PARTNERS.