CASH-FLOWING MOBILE, AL RENTAL WITH IMMEDIATE INCOME, FUTURE FLEXIBILITY, AND THE FEEL OF A TRADITIONAL SINGLE-FAMILY HOME. Currently leased at $1,434 per month, this professionally managed 3-bedroom, 2-bath property combines stable rental income with future owner-occupancy potential. The current tenant has occupied the home for more than four years, creating an established rental history and reducing turnover risk. Major capital improvements include a new roof (2017), HVAC replacement (2017), new windows (2021), and new flooring (2025). The month-to-month lease provides flexibility for future ownership plans while maintaining uninterrupted cash flow. Financial documentation, including rent rolls and T-12 statements, is available upon request. This home is one of six investment opportunity properties available individually or as part of a larger investment portfolio. Ask about acquiring multiple properties in a single transaction. SEE MLS #'s (408488,408531,408533,408534,408538). 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
$ 530.93 per month $367.00 Principal & Interest $115.83 Property Tax $48.10 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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1465 Mamie Dr | MLS# 408492
This single family home located at 1465 Mamie Dr, Mobile, AL 36618 is currently listed for sale with an asking price of $164,900. This property was built in 1983 and has 3 bedrooms and 2 full baths with 1584 sq. ft. Mamie Dr is located in the Autumndale subdivision. Search Autumndale real estate on www.clhomes.com today.