Turn key rental property ready for purchase! This property is a tenant occupied home, that is professionally managed. The rent is currently $800 per month and is fully paid by the Housing Authority. This home is a great opportunity to buy something that will immediately make you rental income from the first day of owning it. Located in an area that is close to all of the exciting changes in Mobile. Approximately 3 miles to the new Civic Center and within a five minute drive to the new airport and interstate access. This tenant has been here for years and would like to remain. A rental increase will also be put in near third quarter of this year. Seller will entertain owner finance offers with a down payment. Call to get more information! All measurements are approximate and not guaranteed, buyer to verify. Buyer to verify all information during due diligence.
Property Features
Heating Information
Electric
Water Features
Public
Parking
None
Fire Place
None
School Information
School Information for 1161 Bay Avenue, Mobile, AL 36605
Elementary School
Erwin Craighead
Middle School
Lillie B Williamson
High School
Lillie B Williamson
Listing Courtesy: Bellator Real Estate LLC Mobil - 251-343-7777
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Median Listing Price
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Market statistics compiled from data from Baldwin County MLS.