About This Home
This 3-bedroom, 1-bathroom single family at 1512 Canal Road in Mobile, AL is listed for $365,000 ($304 per sqft). Built in 1953, the home offers 1,200 sqft of living space on a 0.51 acres lot.
Key Features
- Built in 1953
- 0.51 acre lot
Property Details
Amenities
This property is offered as part of a five-property investment portfolio and is not available for individual purchase. The listing price represents the combined purchase price for all five properties, making this an exceptional opportunity for investors seeking a stabilized, income-producing portfolio in Mobile, Alabama.
This property has the potential to generate $1,495 per month in rental income, providing immediate cash flow for the new owner. The investment portfolio also includes: 2995 Barlett Dr., Mobile, AL 36608 (MLS# 7812831) 51 Macks St., Mobile, AL 36607 (MLS# 7812842) 65 Lefevre St., Mobile, AL 36607 (MLS# 7812839) 903 Fairmont St., Mobile, AL 36606 (ML
S# 7812837) All five properties must be purchased together as a single investment package and will not be sold separately. With established rental income and diversified locations throughout Mobile, this portfolio offers an excellent opportunity for investors seeking immediate cash flow and long-term appreciation.
Monthly Cost Estimate
$1,952/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1512 Canal Road
Mobile, AL 36605
Alba Beach
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 1-bathroom single family at 1512 Canal Road is listed at $365,000 ($304/sqft). The estimated monthly payment is $1,952 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1953, 0.51 acre lot.
This property is listed by Melissa Babcock and can be reached at 2517093541.
