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.
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Zillow last checked:
Listing updated:
Listed by:
MICHAEL GAY,
RE/MAX PROFESSIONAL PARTNERS334-826-7111
Source: LCMLS,MLS#: 181714Originating MLS: Lee County Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3
Main level bathrooms: 2
Primary bedroom
Level: First
Bedroom 2
Level: First
Bedroom 3
Level: Second
Dining room
Level: First
Kitchen
Level: First
Kitchen
Level: First
Laundry
Level: First
Heating
None
Cooling
Window Unit(s)
Appliances
Included: Dryer, Refrigerator, Washer
Laundry: Washer Hookup, Dryer Hookup
Features
Separate/Formal Dining Room
Flooring: Wood
Basement: Crawl Space
Number of fireplaces: 1
Fireplace features: One
Interior area
Total interior livable area: 1,890 sqft
Finished area above ground: 1,890
Finished area below ground: 0
Property
Features
Levels: Two
Stories: 2
Patio & porch: Front Porch
Exterior features: None
Pool features: None
Fencing: Chain Link
Has view: Yes
View description: None
Lot
Size: 0.64 Acres
Dimensions: 140 x 200
Features: <1 Acre, Level
Details
Parcel number: 15010210010530000
Construction
Type & style
Home type: SingleFamily
Property subtype: Single Family Residence
Materials
Vinyl Siding
Condition
Year built: 1940
Utilities & green energy
Utilities for property: Septic Available, Water Available
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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