Turn key rental property ready for purchase! This property is a tenant occupied home, that is professionally managed. The rent is currently $800 per month and is fully paid by the Housing Authority. This home is a great opportunity to buy something that will immediately make you rental income from the first day of owning it. Located in an area that is close to all of the exciting changes in Mobile. Approximately 3 miles to the new Civic Center and within a five minute drive to the new airport and interstate access. This tenant has been here for years and would like to remain. A rental increase will also be put in near third quarter of this year. Seller will entertain owner finance offers with a down payment. Call to get more information! All measurements are approximate and not guaranteed, buyer to verify. Buyer to verify all information during due diligence.
Features
2 bedrooms
1 bathroom
directions_car2 carspaces
906 sq. ft. floor area
crop_free7405.2 sq. ft. lot size
cottageOther
Property history for 1161 Bay Avenue
2014
Sold
$13,680
12 Dec 2014 by Clifton Henderson
Happy sellers in Mobile
87%
sentiment_very_satisfied
87% of sellers in Mobile reported that their sale price either exceeded or met their price expectations.
Mobile stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 6 reviews in Mobile over the last 12 months.
Local market activity for 2 bedroom other properties in Mobile
Sold
For Sale
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