• 1933 Pallister Pl, Mobile, AL 36618 Main Photo

1933 Pallister Pl
Mobile, AL 36618

$144,900

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Listing Details

  • $144,900
  • MLS# 408533
  • Type Residential - Single Family
  • Status Active
  • 3
    Bedrooms
  • 1 full 1 partial
    Bathrooms
  • 1,150
    Square Feet
  • 1978
    Year Built

Listed By

Agency Name: Roberts Brothers West
Agency Phone: 251-661-4660

Shown By

Agent Name: The Allen Group
Agent Phone:
Agency Title: Levin Rinke Realty

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Home Value Estimate


Description

STRONG CAP RATE INVESTMENT WITH IMMEDIATE RENTAL INCOME, A LONG-TERM TENANT, AND EXTENSIVE RECENT IMPROVEMENTS. Currently producing $1,497 per month, this professionally managed 3-bedroom, 1.5-bath home offers one of the strongest income-producing opportunities in the portfolio. The current tenant has occupied the property for more than four years, creating stable occupancy and reducing vacancy risk. Major capital improvements completed in 2022 include a new roof, HVAC system, water heater, and flooring. The month-to-month lease provides flexibility while maintaining uninterrupted cash flow from the first day of ownership. Rent rolls, lease...read more

Features

  • Cooktop
  • Refrigerator
  • Engineered Vinyl Plank
  • Electric
  • 1.0 Story
  • $943 Taxes
  • Built in 1978

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