1469 Mamie Dr, Mobile, AL 36618

$179,900
4
BD
2
BA
1,421
SqFt

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List Price
$179,900
Status
ACTIVE
Days on Market
15
MLS#
408488
Subtype
Residential
Style
Traditional
Year Built
1998
Bedrooms
4
Bathrooms
2
Full Baths
2
Living Area
1,421
Subdivision
Autumndale
MLS Area Major
Mobile County

Property Description

TURNKEY INVESTMENT OPPORTUNITY WITH IMMEDIATE CASH FLOW, A LONG-TERM TENANT IN PLACE, AND MAJOR CAPITAL IMPROVEMENTS ALREADY COMPLETED. Currently generating $1,531 per month, this professionally managed 4-bedroom, 2-bath home offers immediate rental income with a tenant who has occupied the property for more than four years. Recent updates include a new roof (2025), new flooring (2025), and HVAC replacement (2021), significantly reducing near-term maintenance expenses. The current month-to-month lease provides flexibility for investors while also preserving future owner-occupancy potential. A portion of the rental income is generated through a government-assisted housing program, creating stable and predictable cash flow. Rent rolls, lease information, and T-12 financial statements are available upon request. This property is one of six investment opportunity homes being offered individually or as part of a larger investment portfolio. The seller would prefer a portfolio sale but will consider individual offers. SEE MLS #’s (408492,408531,408533,408534,408538). Buyer to verify all information during the due diligence period. Buyer to verify all information during due diligence.

Additional Information

Financing
Conventional, Cash
Property Description
Traditional
Flooring
Laminate
Appliances
Cooktop, Refrigerator
Heating
Electric
Stories
1
Roof
Composition
Parking Features
Other
Elementary School
Forest Hill Elementary
Middle School
C.L. Scarborough Middle
High School
Mattie T. Blount High

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Listing courtesy of Roberts Brothers West.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .