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$144,900

Est. payment - /mo

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3 Beds

2 Baths

1,150 SqFt

New

1933 Pallister Pl Mobile, AL 36618

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Josh Comingore

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Key Details

Property Type Single Family Home

Sub Type Residential Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,150 sqft

Price per Sqft $126

Subdivision Pallister Place

MLS Listing ID 408533

Style Traditional

Bedrooms 3

Full Baths 1

Half Baths 1

Construction Status Resale

HOA Y/N No

Rental Info Yes

Year Built 1978

Property Sub-Type Residential Detached

Source Baldwin County

Property 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 information, and T-12 financial statements are available upon request. Purchase this property individually or ask about acquiring it as part of the complete six-property investment portfolio. SEE MLS #'s (408488,408492,408531,408534,408538). Buyer to verify all information during the due diligence period. Buyer to verify all information during due diligence.

Location

State AL

County Mobile County

Zoning SingleFamily

Rooms

Dining Room DiningKitchenCombo

Interior

Heating Electric

Flooring Engineered Vinyl Plank

Fireplace No

Appliance Cooktop, Refrigerator

Heat Source Electric

Exterior

Parking Features Side Entrance

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 Forest Hill Elementary

Middle Schools C.L. Scarborough Middle

High Schools Mattie T. Blount High

Others

Special Listing Condition Other/See Remarks

Listed by Roberts Brothers West