1933 Pallister Pl W, Mobile, AL 36618

List Price
$144,900
Beds
3
Baths
1
Square Feet
1,125
Year Built
2005

This is an exceptional business opportunity to invest in a functioning and profitable portfolio with 6 doors, or sold independently.

This is an exceptional business opportunity to invest in a functioning and profitable portfolio with 6 doors, or sold independently.

1933 Pallister Street, Mobile, AL 36618 | 3 Bed | 1.5 Bath | 1,125 Sq. Ft. MLS List Price $144,900

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