1933 Pallister, Mobile, AL 36618
- $144,900
- 3
- BD
- 2
- BA
- 1,150
- SqFt
- List Price
- $144,900
- MLS#
- 7820792
- Year Built
- 1978
- Style
- Traditional
- Bedrooms
- 3
- Bathrooms
- 2
- Full baths
- 1
- Half baths
- 1
- Living Area
- 1,150
- Acres
- 0.26
- County
- Mobile - Al
- Subdivision
- Pallister Place
Property Description
STRONG CAP RATE INVESTMENT WITH IMMEDIATE RENTAL INCOME, A LONG-TERM TENANT, AND EXTENSIVE RECENT IMPROVEMENTS. Currently producing $1,497 per month, this professionally managed 3-bedroom, 1.5-bath home offers one of the strongest income-producing opportunities in the portfolio. The current tenant has occupied the property for more than four years, creating stable occupancy and reducing vacancy risk. Major capital improvements completed in 2022 include a new roof, HVAC system, water heater, and flooring. The month-to-month lease provides flexibility while maintaining uninterrupted cash flow from the first day of ownership. Rent rolls, lease information, and T-12 financial statements are available upon request. Purchase this property individually or ask about acquiring it as part of the complete six-property investment portfolio. SEE MLS #’s (7820915,7820818,7820755,7820724,7820698). Buyer to verify all information during the due diligence period.
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Additional Information
- Acres
- 0.26
- Style
- Traditional
- Water
- Public
- 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.