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Archived about 5 years ago

$30,000

3 bd 1 ba

1607 E Octavia Dr, Mobile, AL 36605

Residential SFR

Current Rent **

N/A

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Estimated Rent †

Pro Only

Estimated Rent Confidence ‡

Medium

Posted By:

Rhen Bartlett

🚨IRBY DEAL🚨 3/1 Brick Slab

Cash Price: $30,000.00

VACANT – SECTION 8 READY – 1607 E. Octavia Drive is a 3 bedroom-1 bath brick/vinyl sided home single family home with over 1100 sqft of living space. Built in 1984 this home is 90% rehab complete with minor rehab in bathroom and kitchen left to do before complete. Home has new hardwood and ceramic tile floors. One car garage has been finished into a den with laundry room access. Central HVAC system with NEW Vinyl Replacement Windows and Heavy-Duty Metal Roof. Home sits on a lush large lot (60’x187’x82’x160′) that backs up to the water department property and Dog River. Detached Brick two-car garage with a NEW metal roof that has been wired that could be converted into an additional rental unit or mother-in-law residence.CLEAR TITLE and QUICK CLOSE!!!Join our buyer's list for exclusive off-market investment deals priced a pennies on the dollar >>> https://goo.gl/AZG7oZTo view our full inventory click this link: www.irbyhomebuyers.comFor more information on this property click here>> 1607 E Octavia Dr, Mobile, AL 36605

Location:

1607 E Octavia Dr, Mobile, AL 36605

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.