Introduction
Attention all investors! An exciting investment opportunity has just re-entered the market in Alabama. This investment property offers tremendous potential for a fix and flip project or a valuable addition to your rental portfolio. With a long-term tenant already in place, this three-bedroom, two-bathroom property is a rare find. Located conveniently near various amenities and boasting recent upgrades, this income-producing gem is not to be
Property Features
The highlight of this investment property is the presence of hardwood floors throughout most of the home, lending a touch of elegance and durability to the living space. Additionally, a bonus loft room provides versatility, serving as a potential game room, home office, or even a third bedroom. The property’s layout is well-designed, ensuring maximum utilization of space.
Location
Situated in a prime location, this property offers easy access to a range of amenities. Whether it’s shopping, grocery stores, dining options, or parks, everything is just a stone’s throw away. Furthermore, its proximity to the interstate and downtown Mobile makes it an attractive choice for potential tenants, enhancing its rental appeal.
Investment Potential
The affordability of this investment property is its standout feature. Priced competitively, it offers a great opportunity for investors to enter the market or expand their existing portfolio. The presence of a long-term tenant ensures a steady stream of income right from the start, making it an appealing prospect for those seeking immediate returns.
Recent Upgrades
Investors can rest assured knowing that the property has undergone recent updates. The roof was replaced in 2022, providing peace of mind regarding its longevity and minimizing maintenance costs in the near future. The HVAC system was also upgraded in 2018, further enhancing the property’s appeal and market value.
Conclusion
In conclusion, the Alabama investment property for sale presents a unique opportunity for investors looking to capitalize on the real estate market. With its potential for a fix and flip project or addition to a rental portfolio, this property is a rare find. Its strategic location, long-term tenant, recent upgrades, and attractive pricing make it an appealing proposition for investors. Don’t miss out on the chance to own this income-producing property with immense potential. Contact your favorite realtor today to schedule a personal showing. Remember, buyers or their agents should verify any information that is important to them before making a decision.
607 Dauphin Island Parkway, Mobile, AL 36606