1453 Mamie Dr, Mobile, AL 36618

$149,900
3
BD
1
BA
1,025
SqFt

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List Price
$149,900
Status
ACTIVE
MLS#
408531
Style
Traditional
Bedrooms
3
Bathrooms
1
Living Area
1,025
County
Mobile
Region
Mobile County
Subdivision
Autumndale
Legal Description
Lot 81 Autumndale Sub Mbk 8 Pg 229 #Sec 12 T4s R2w #Mp28 01 12 1 000
Year Built
1956

Property Description

HIGH-YIELD RENTAL WITH A TENANT IN PLACE, IMMEDIATE CASH FLOW, AND RECENT MAJOR UPDATES. Currently generating $1,398 per month, this professionally managed 3-bedroom, 1-bath investment property offers day-one rental income and an established operating history. Recent capital improvements include an HVAC replacement (2023), roof replacement (2021), and new flooring and subflooring (2023), reducing future maintenance concerns. The month-to-month lease offers flexibility while preserving uninterrupted rental income. A portion of the monthly income is generated through a government-assisted housing program, providing a stable and predictable revenue stream. Rent rolls, lease information, and T-12 financial statements are available upon request. This property is part of a six-home investment portfolio being offered individually or as a package. The seller would prefer a portfolio sale but will consider individual offers. SEE MLS #’s (408488,408492,408533,408534,408538). Buyer to verify all information during the due diligence period. Buyer to verify all information during due diligence.

Additional Information

Roof
Composition
Appliances
Refrigerator
Stories
1

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Listing courtesy of Roberts Brothers West.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .