1452 Delusser Street, Mobile, AL 36603 (MLS # 7487720)

Price $37,500
Status Active
Beds 2
Baths 1 Bath
Home size 938 sqft
Lot Size 4,605 sqft
Days on Market 7
SOLD AS-IS! Discover your next lucrative investment at 1452 Delusser Street, Mobile, AL, 36603. Priced at just $37,500, this property offers exceptional potential for high annualized returns with minimal upfront investment. Here's why this deal is a no-brainer: Rental Income Potential: This property is projected to rent for $950/month, providing consistent cash flow once leased. Renovation Budget: With only $25,000 in renovations, you can transform this house into a tenant-ready gem. Strong ROI: At full occupancy, you're looking at over $11,000 annual gross rental income, equating to outstanding annualized returns. Located in a growing market, this property represents an incredible opportunity for both first-time and seasoned investors. With a total all-in cost of just $62,500 post-renovation, the numbers make sense for anyone looking to build wealth through real estate. Don't let this cash cow slip away! Contact us today to learn more about this amazing investment property.
Property Type(s): Single Family
Last Updated 11/18/2024 Tract Lafayette Heights
Year Built 1988 County Mobile - AL

SCHOOLS

Elementary School Florence Howard
Jr. High School Calloway Smith
High School John L Leflore

Additional Details

AIR Window Unit(s)
AIR CONDITIONING Yes
APPLIANCES Other
BASEMENT None
CONSTRUCTION Vinyl Siding
EXTERIOR None
HEAT None
INTERIOR Other
LOT 4604 sq ft
LOT DESCRIPTION Back Yard
PARKING On Street
POOL DESCRIPTION None
SEWER Public Sewer
STORIES 1
STYLE Ranch
SUBDIVISION Lafayette Heights
TAXES 437
UTILITIES Electricity Available
VIEW Yes
VIEW DESCRIPTION Other
WATER Public

Location

 

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Listing provided by Cliff Glansen with FlatFee.com

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