$140,000
$149,900
6.6%For more information regarding the value of a property, please contact us for a free consultation.
1453 Mamie Dr Mobile, AL 36618
3 Beds
1 Bath
1,025 SqFt
Key Details
Sold Price $140,000
Property Type Single Family Home
Sub Type Residential Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,025 sqft
Price per Sqft $136
Subdivision Autumndale
MLS Listing ID 408531
Sold Date 10/13/26
Style Traditional
Bedrooms 3
Full Baths 1
Construction Status Resale
HOA Y/N No
Rental Info Yes
Year Built 1956
Property Sub-Type Residential Detached
Source Baldwin County
Property Description
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.
Location
State AL
County Mobile County
Zoning SingleFamily
Interior
Heating Natural Gas, Electric
Fireplace No
Appliance Refrigerator
Heat Source Natural Gas, Electric
Exterior
Parking Features Single Carport
Pool None
Community Features None
Utilities Available Water City, Sewage City, Alabama Power
Waterfront Description No Waterfront
Roof Type Composition Shingle
Building
Lot Description Less Than 1 Acre
Architectural Style Traditional
Construction Status Resale
Schools
Elementary Schools Elizabeth Fonde Elementary
Middle Schools C.L. Scarborough Middle
High Schools Mattie T. Blount High
Others
Financing Cash
Special Listing Condition Other/See Remarks
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