Price $715,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 7,950 sqft
Days on Market 30

According to the listing agent, this listing is a bank owned (foreclosed) property.
Attention Investors! Rare opportunity to acquire a fully occupied 4-property single-family rental portfolio located in Mobile and Chickasaw, Alabama. All properties are tenant-occupied with standard leases in place and strong, stable rental income totaling $6,235/month ($74,820 annually). The portfolio includes a mix of 2-4 bedroom homes ranging from approximately 1,091 to over 2,100 sq ft, each on its own parcel and thoughtfully updated. Improvements across the portfolio include full remodels, updated flooring and bathrooms, remodeled kitchens with granite countertops and stainless steel appliances, updated electrical and plumbing, new fixtures, open layouts, and washer/dryer installations. Several homes offer primary suites with en-suite baths, large backyards, off-street parking, and garage/storage options, supporting long-term tenant retention and consistent performance. Properties are situated in high-demand rental corridors with a proven history of reliable occupancy and cash flow. This offering is well-suited for DSCR financing, buy-and-hold investors, or 1031 exchange buyers seeking a stabilized portfolio with immediate income. Seller will only entertain offers for the portfolio as a whole. Portfolio MLS references: "¢ 117 Idlewood Dr - MLS #7692942 "¢ 1110 Jackson Rd - MLS #7692941 "¢ 1500 Navco Rd - MLS #7692938 "¢ 552 Kansas St - MLS #7692937 All information is deemed reliable and accurate; buyer is responsible for researching and performing all due diligence required for a successful purchase. Do not disturb tenants.
Property Type(s): Multi Family
Last Updated 12/17/2025 Tract Fulton Ridge Estates
Year Built 0 County Mobile - AL

SCHOOLS

Elementary School Maryvale
Jr. High School Lillie B Williamson
High School Lillie B Williamson

Additional Details

AIR Ceiling Fan(s), Central Air
AIR CONDITIONING Yes
CONSTRUCTION Brick, HardiPlank Type, Vinyl Siding
HEAT Central
LOT 7950 sq ft
LOT DESCRIPTION Other
PARKING Driveway
SEWER Public Sewer
STORIES 1
SUBDIVISION Fulton Ridge Estates
TAXES 399
UTILITIES Cable Available, Electricity Available, Sewer Available, Water Available
VIEW Yes
WATER Public

Location

 

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Listing provided by Tori Turner with IXL Real Estate North

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