Property Attributes
- MLS#408533
- TypeSingle Family
- Listing Status Pending
- CountyMobile County
- CityMobile
- NeighborhoodPallister Place
- Zip36618
- StyleTraditional
- Year Built1978
- Price$ 144,900
- Bedrooms3
- Full Bathrooms1
- Half Bathrooms1
- Sqr Footage1150
Data Source:
Baldwin County MLS (BCAR)
Property Description
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 (408488,408492,408531,408534,408538). Buyer to verify all information during the due diligence period.
| Elementary School | Middle School | High School |
|---|---|---|
| Forest Hill Elementary Elementary School | C.L. Scarborough Middle Middle School | Mattie T. Blount High High School |
| Price History | |
|---|---|
| 8/13/2026 | Listed $144,900 |
General Features
| Utilities | Water City,Sewage City,Alabama Power |
|---|---|
| Property Subtype | Residential Detached |
| Waterfront Features | No Waterfront |
| Community Features | None |
| County | Mobile County |
| Property Type | Residential |
| HOA | false |
| Subdivision Name | Pallister Place |
| Status | Pending |
| Directions | From I-65 exit going west on Moffett Rd. Take a right on Shelton Beach Rd. Turn left onto Pallister Pl. Follow the road around. Home will be on the right. |
| High School | Mattie T. Blount High |
| City | Mobile |
| MLS Area | Mobile County |
| Elementary School | Forest Hill Elementary |
| Middle/Junior High School | C.L. Scarborough Middle |
| Standard Status | Pending |
| Pets Allowed | Yes |
| Virtual Tour | https://robertsbrothersstudio.com/1933-Pallister-Pl-W/idx |
| Heating | Electric |
| Possession | At Closing |
| Roof | Composition Shingle |
| Appliances | Cooktop,Refrigerator |
| Architectural Style | Traditional |
| Year Built | 1978 |
| Full Baths | 1 |
| Stories Count | 1 |
| Assoc Fee Paid Per | Monthly |
| Pool Features | None |
Interior Features
| Heating Y/N | true |
|---|---|
| Fireplace Y/N | false |
| Flooring | Engineered Vinyl Plank |
| Half Baths | 1 |
| Total Bedrooms | 3 |
| LivingAreaSource | Tax Records |
| Total Baths | 2 |
Exterior Features
| Lot Features | Less Than 1 Acre |
|---|---|
| Parking Features | Side Entrance |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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