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1453 Mamie Drive

Mobile AL 36618

3
1
1
1025 sq. ft.
Single-Family
Currently for sale - view listing

Overview

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.

Features

3 bedrooms
1 bathroom
1 carspace
1 carport space
1025 sq. ft. floor area
Single-Family

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Local market activity for 3 bedroom single-family properties in Mobile

In the last 12 months, 126 three-bedroom single-family properties similar to 1453 Mamie Drive, have been sold.

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