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. Buyer to verify all information during due diligence.
School Information for 1453 Mamie Dr DR, Mobile, AL 36618
Elementary School
Elizabeth Fonde Elementary
Middle School
C. L. Scarborough Middle
High School
Mattie T. Blount High
Listing Courtesy: Roberts Brothers West - 251-661-4660
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