BEDS4
BATHS2 full
SQUARE FEET1,421
MLS#7820724
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONAutumndale
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.
Property Features
Property Type: Residential - Single Family
Basement: None
Cooling: Central Air
Fenced: Yes
Heating: Central
Home Style: Traditional
Lot Size: 0.20 Acres
Roof Type: Shingle
Stories: 1.0
Taxes: $423
Year Built: 1998
Amenities
Other
None
Feature Descriptions
Accessibility: None
Appliances: Electric Cooktop, Refrigerator
Bedroom Features: None
Community Features: None
Construction Materials: Brick 4 Sides
Days on Site: 2
Dining Room: None
Exterior: Brick
Fencing: Back Yard
Fireplace: None
Flooring: Laminate
Kitchen: None
Laundry: None
Lot: Back Yard
Lot Dimensions: 88x133x69x99
Master Bathroom: None
Parcel#: 2801014000016
Parcel #: 2801014000016
Parking: Carport, Covered
Parking Notes: Carport, Covered
Patio/Porch: None
Patio/Porch: None
Sewer: Public Sewer
Spa: None
Special View Info: Other
Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
Water: Private
Waterfront: None
Window: None
Local Schools
High School: Mattie T Blount
Middle School: CL Scarborough
Elementary School: Forest Hill
Listed By / Shown By
Listed By
Agency Name: Roberts Brothers West
Agency Phone: 251-661-4660
Shown By
Agency Title: Bellator Real Estate
Agency Phone: 251.928.0031
Estimate Your Payment
Estimated Payment
$ 950.59 per month $862.87 Principal & Interest $35.25 Property Tax $52.47 Homeowner's InsuranceChange Payment Information
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1469 Mamie Drive | MLS# 7820724
This single family home located at 1469 Mamie Drive, Mobile, AL 36618 is currently listed for sale with an asking price of $179,900. This property was built in 1998 and has 4 bedrooms and 2 full baths with 1421 sq. ft. Mamie Drive is located in the Autumndale subdivision. Search Autumndale real estate on www.gobellator.com today.