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$179,900

4 Beds 2 Baths 1,421 SQFT 0.00 Acres
Type: Single Family

1469 Mamie Dr
Mobile, AL 36618

MLS#: 408488
Tim Brett
Tim Brett
Brett/Robinson | Gulf Shores Orange Beach Real Estate
Broker and Sales Manager for Baldwin County
Office: 251.981.6180
Presented by: Roberts Brothers West;

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.


 

Interior Features

Bedrooms

Total Bedrooms4

Bathrooms

Half Baths0
Total Baths2

Other Interior Features

LivingAreaSource0 sqft
Fireplace Y/NNo
FlooringLaminate
Heating Y/NYes
Total Fireplaces0

General

AppliancesCooktop, Refrigerator
Architectural StyleTraditional
Assoc Fee Paid PerMonthly
CityMobile
Community FeaturesNone
CountyMobile County
DirectionsFrom I-65 West on Moffett Rd, Right on Wilkins Rd, Right on Lydia Dr, Left on Mamie Dr, Home is on the Left.
Elementary SchoolForest Hill Elementary
Full Baths2
HOANo
HOA Fee$0
HeatingElectric
High SchoolMattie T. Blount High
MLS AreaMobile County
Middle/Junior High SchoolC.L. Scarborough Middle
Pets AllowedYes
Pool FeaturesNone
Property SubtypeResidential Detached
Property TypeResidential
RoofComposition Shingle
Standard StatusActive
StatusActive
Stories Count1
Subdivision NameAutumndale
Tax Annual Amount$0
UtilitiesWater City, Sewage City, Alabama Power
Virtual TourClick here
Waterfront FeaturesNo Waterfront
Year Built1998

Exterior

Lot FeaturesLess Than 1 Acre
Lot Size Acres0
Parking FeaturesOther/See Remarks

Additional Details

Price History

  

Similar Properties

$179,900

4 Beds 2 Baths 1,421 SQFT 0.00 Acres
Type: Single Family

1469 Mamie Dr
Mobile, AL 36618

MLS#: 408488
Tim Brett
Tim Brett
Brett/Robinson | Gulf Shores Orange Beach Real Estate
Broker and Sales Manager for Baldwin County
Office: 251.981.6180