1933 Pallister Pl, Mobile, AL 36618

$144,900
3
BD
2
BA
1,150
SqFt

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List Price
$144,900
Status
ACTIVE
Days on Market
0
MLS#
408533
Subtype
Residential
Style
Traditional
Year Built
1978
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,150
Subdivision
Pallister Place
MLS Area Major
Mobile 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.

Additional Information

Financing
Conventional, Cash
Property Description
Traditional
Flooring
Vinyl
Appliances
Cooktop, Refrigerator
Heating
Electric
Stories
1
Roof
Composition
Parking Features
Side Entrance
Elementary School
Forest Hill Elementary
Middle School
C.L. Scarborough Middle
High School
Mattie T. Blount High

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Roberts Brothers West.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .