507 N 16Th Street Lanett, AL $ 90,000
507 N 16Th Street
$ 90,000
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507 N 16Th Street

Lanett, AL, 36863
$ 90,000
Bedrooms3 Baths1.0 Sq 1,090

Monthly Estimate*

$ 568

507 N 16Th Street, Lanett, AL 36863 - Image 1
507 N 16Th Street, Lanett, AL 36863 - Image 2
507 N 16Th Street, Lanett, AL 36863 - Image 3
507 N 16Th Street, Lanett, AL 36863 - Image 4
507 N 16Th Street, Lanett, AL 36863 - Image 5
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Single Family Home for sale in Lanett, AL

for $90,000 with 3 bedrooms and 1 full bath. This 1,090 square foot home was built in 1980 on a lot size of 10640.

Great Investment Opportunity – Tenant-Occupied & Cash Flowing! Welcome to this well-maintained income-producing property, perfect for investors! This home is tenant-occupied with reliable tenants who pay on time, providing immediate rental income from day one. The interior is very clean and well cared for, and the home features a new roof installed in 2017, adding long-term value and peace of mind. This property has a strong rental history and generates positive cash flow, making it an excellent addition to any investment portfolio. Priced to sell—don’t miss this opportunity to own a solid rental property with steady income potential!

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Single Family Active

Price

$ 90,000

Bedrooms

3

Full Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

10640

Year Built

1980

Town/City

Lanett

County/Region

Chambers

MLS | Web ID

21452775

Features
Interior
Interior Amenities None
Basement Area 0
Beds 3
Floors Carpet
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General
Heating Central (HEAT)
Cooling Central (COOL)
Laundry Y/N Yes
Development Status Existing
Fireplaces 0
Garage 0
Water Public Water
Status Active Active
Full Baths 1
Half Baths 0
Bathrooms 1
Year Built 1980
Subdivision A P LEE AL
Water Heater Electric (WTRHTR)
County Chambers
Class RESIDENTIAL
Type Single Family
Levels 1-Story
Sale/Rent For Sale
Status Detail 0
Area Chambers County
Primary City Lanett
Virtual Tour https://www.propertypanorama.com/instaview/bham/21452775
High School LANETT
City LANETT
Financing Cash Conventional FHA FHA203 Rehab VA USDA Rural
Elementary School W. O. Lance
Middle School LANETT
Legal Description DIST:03 SEC/TWN/RNG/MER:SEC 24 TWN 22 RNG 28 LOT 22 MRS. M. D. HARRINGTON PROPERTY M.B. 2 PG. 82 IN NE1/4 OF SW1/4. S24 T22N R28E CITY OF LANETT
DOM 47
Postal Code 36863
Price Per Sq Ft Total AG 82.57
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Exterior
Exterior 4 Sides Brick
Foundation Slab
Car Port 0
Waterfront No
Lot Size Area 10640
Patio? No
Exterior Features None
Pool? No
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* Excluded Features
List By
World Impact Real Estate

Broker

stevengaddis@gaddisrealtor.com

Email

Affordability Calculator

$568
Per Month
100%
0%
0%
Monthly Principal & Interest
$568
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5469487 Elementary School
5449660 Middle School
Lanett High School High School
Pricing History
DatePricePrice ChangeDescription
5/13/2026$90,000 Listed Price

Map


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507 N 16Th Street, Lanett, AL, 36863 is a Single Family Home for sale at $90,000 with 1,090 sqft and a lot size of 10640. 507 N 16Th Street has 3 bedrooms, 1.0 baths, and was built in 1980. The property's zip code is 36863 which is in Lanett, AL