1453 Mamie, Mobile, AL 36618

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

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List Price
$149,900
MLS#
7820698
Year Built
1956
Style
Traditional
Bedrooms
3
Bathrooms
1
Full baths
1
Living Area
1,025
Acres
0.21
County
Mobile - Al
Subdivision
Autumndale

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 (l7820915,7820818,7820792,7820755,7820724). Buyer to verify all information during the due diligence period.

Additional Information

Acres
0.21
Style
Traditional
Water
Public
Cooling
Central Air
Sewer
Public Sewer
Heating
Natural Gas
Elementary School
Forest Hill
Middle School
CL Scarborough
High School
Mattie T Blount

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Calculator source: Real Geeks

Listing courtesy of Roberts Brothers West.