UPDATED:
12/13/2024 03:26 AM
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 938 sqft
Price per Sqft $31
Subdivision Lafayette Heights
MLS Listing ID 7487720
Bedrooms 2
Full Baths 1
Year Built 1988
Annual Tax Amount $437
Tax Year 437
Lot Size 4,604 Sqft
Property Description
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.
Location
State AL
County Mobile - Al
Direction Head southeast on St Stephens Rd toward N Catherine St, Turn left onto N Catherine St, Turn right onto Delusser St Destination will be on the left
Rooms
Basement None
Dining Room None
Kitchen None
Interior
Interior Features Other
Heating None
Cooling Window Unit(s)
Flooring Laminate
Fireplaces Type None
Appliance Other
Laundry None
Exterior
Exterior Feature None
Fence None
Pool None
Community Features None
Utilities Available Electricity Available
Waterfront Description None
View Y/N true
View Other
Roof Type Shingle
Building
Lot Description Back Yard
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Schools
Elementary Schools Florence Howard
Middle Schools Calloway Smith
High Schools John L Leflore
Others
Special Listing Condition Standard
Brooks Conkle
Agent | License ID: 96495