About This Home
This 3-bedroom, 1-bathroom single family at 1453 Mamie Drive in Mobile, AL is listed for $149,900 ($146 per sqft). Built in 1956, the home offers 1,025 sqft of living space on a 0.21 acres lot.
Key Features
- Built in 1956
- 0.21 acre lot
- 1 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$802/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1453 Mamie Drive
Mobile, AL 36618
Autumndale
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1453 Mamie Drive is listed at $149,900 ($146/sqft). The estimated monthly payment is $802 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1956, 0.21 acre lot, 1 parking spaces.
This property is listed by Chrissi Moore and can be reached at 2516102969.
