AL
Mobile - AL
Mobile
36618
1469 Mamie Drive
1469 Mamie Drive, Mobile, AL 36618
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Listing Type
Single Family
Listing Status
Active
21
$179,900

Home Details for 1469 Mamie Drive

Price
$179,900
Type
Residential
Bedrooms
4
Total Bathrooms
2
Full Bathrooms
2
Year built
1998
Lot size acres
0.1978
County
Mobile - AL
Total rooms
7
Basement
None
MLS Listing#
7820724
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 (7820915,7820818,7820792,7820755,7820698). Buyer to verify all information during the due diligence period.

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Property Features
  • Utilities
    • Cable Available
    • Electricity Available
    • Sewer Available
    • Water Available
  • Parking
    • Carport
    • Covered
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
  • Water Features
    • Private
  • House Interior
    • Other
  • Basement
    • None
  • Fire Place
    • None
School Information
School Information for 1469 Mamie Drive, Mobile, AL 36618
Elementary School
Forest Hill
Middle School
CL Scarborough
High School
Mattie T Blount
Listing Courtesy: Roberts Brothers West - 251-661-4660
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Market statistics compiled from data from Gulf Coast MLS / Mobile Area Association of REALTORS(R).
EXIT REALTY PROMISE
759 Downtowner Loop W., Mobile, AL 36609
Office
251 450 1481
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