1469 Mamie Dr, Mobile, AL 36618

$179,900
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New to the Market Active
BEDS4 BATHS2 full SQUARE FEET1,421 MLS#408488
STATUSActive PROPERTY TYPEResidential - Single Family SUBDIVISIONAutumndale

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.

1469 Mamie Dr | MLS# 408488

This single family home located at 1469 Mamie Dr, Mobile, AL 36618 is currently listed for sale with an asking price of $179,900. This property was built in 1998 and has 4 bedrooms and 2 full baths with 1421 sq. ft. Mamie Dr is located in the Autumndale subdivision. Search Autumndale real estate on debbiclarkeassocbroker.gobellator.com today.

Property Features

Property Type: Residential - Single Family
Heating: Electric
Home Style: Traditional
Property Type: Residential Detached
Stories: 1.0
Taxes: $422
Year Built: 1998

Feature Descriptions

Appliances: Cooktop, Refrigerator
Community Features: None
Days on Site: 2
Flooring: Laminate
Lot: Less Than 1 Acre
Pets Allowed: Yes
Property Amenities: Other See Remarks
Utilities: Water City, Sewage City, Alabama Power

Local Schools

High School: Mattie T. Blount High
Middle School: C. L. Scarborough Middle
Elementary School: Forest Hill Elementary

Listed By / Shown By

Listed By

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

Shown By

Agent Name: Debbi Clarke
Agent Phone: (251) 383-9100
Agency Title: Bellator Real Estate

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Estimated Payment

$ 950.51 per month $862.87 Principal & Interest $35.17 Property Tax $52.47 Homeowner's Insurance

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