1469 Mamie, Mobile, AL 36618
- $179,900
- 4
- BD
- 2
- BA
- 1,421
- SqFt
- List Price
- $179,900
- MLS#
- 7820724
- Year Built
- 1998
- Style
- Traditional
- Bedrooms
- 4
- Bathrooms
- 2
- Full baths
- 2
- Living Area
- 1,421
- Acres
- 0.20
- County
- Mobile - Al
- Subdivision
- Autumndale
Property Description
TURNKEY INVESTMENT OPPORTUNITY WITH IMMEDIATE CASH FLOW, A LONG-TERM TENANT IN PLACE, AND MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED. Currently generating $1,531 per month, this professionally managed 4-bedroom, 2-bath home offers immediate rental income with a tenant who has occupied the property for more than four years. Recent updates include a new roof (2025), new flooring (2025), and HVAC replacement (2021), significantly reducing near-term maintenance expenses. The current month-to-month lease provides flexibility for investors while also preserving future owner-occupancy potential. A portion of the rental income is generated through a government-assisted housing program, creating stable and predictable cash flow. Rent rolls, lease information, and T-12 financial statements are available upon request. This property is one of six investment opportunity homes being offered individually or as part of a larger investment portfolio. The seller would prefer a portfolio sale but will consider individual offers. SEE MLS #’s (7820915,7820818,7820792,7820755,7820698). Buyer to verify all information during the due diligence period.
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Additional Information
- Acres
- 0.20
- Style
- Traditional
- Water
- Private
- Cooling
- Central Air
- Sewer
- Public Sewer
- Heating
- Central
- Elementary School
- Forest Hill
- Middle School
- CL Scarborough
- High School
- Mattie T Blount
Mortgage Calculator
Listing courtesy of Roberts Brothers West.