Save to Favorites
Print
Share
PRICE $179,900 dsIDX morgage calculator
BEDS 4
BATHS 2
HOME SIZE 1,421 sqft
LOT SIZE 8,617 sqft

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.

DAYS ON MARKET 19 LAST UPDATED 8/13/2026
TRACT Autumndale YEAR BUILT 1998
COUNTY Mobile - AL STATUS Active
PROPERTY TYPE(S) Single Family

SCHOOLS
Elementary School Forest Hill
Jr. High School CL Scarborough
High School Mattie T Blount


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Electric Cooktop, Refrigerator
BASEMENT None
CONSTRUCTION Brick
EXTERIOR None
HEAT Central
INTERIOR Other
LOT 8616 sq ft
LOT DESCRIPTION Back Yard
LOT DIMENSIONS 88x133x69x99
PARKING Carport, Covered
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Traditional
SUBDIVISION Autumndale
TAXES 423
UTILITIES Cable Available, Electricity Available, Sewer Available, Water Available
VIEW Yes
VIEW DESCRIPTION Other
WATER Private
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only

SATELLITE VIEW



 
CONTACT US ABOUT 1469 MAMIE DRIVE
 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Roberts CPM to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Chrissi Moore with Roberts Brothers West

All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of the Gulf Coast Multiple Listing Service, Inc. IDX/RETSreal estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer’s personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2003 Gulf Coast Multiple Listing Service, Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2026.