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.
Listed By
Agency Name: Roberts Brothers West
Agency Phone: 251-661-4660
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 456.75 per month $333.61 Principal & Interest $79.42 Property Tax $43.72 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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1453 Mamie Dr | MLS# 408531
This single family home located at 1453 Mamie Dr, Mobile, AL 36618 is currently listed for sale with an asking price of $149,900. This property was built in 1956 and has 3 bedrooms and 1 full baths with 1025 sq. ft. Mamie Dr is located in the Autumndale subdivision. Search Autumndale real estate on www.clhomes.com today.