Turnkey Rental Property with Tenant in Place – Income from Day One! Investor-ready and already generating income, this 3-bedroom, 1-bathroom property offers a solid rental history and reliable tenant in place—perfect for buyers looking to step into a cash-flowing asset with minimal hassle. Beyond the main living areas, the home features extra living space, an additional bonus room ideal for an office or guest room, and a dedicated laundry room for added convenience. The layout offers flexibility and potential for future upgrades or value-add improvements. New roof and water heater installed in 2025. Exterior freshly remodeled and painted. Can be purchased as a portfolio in combination with 1801 Larkwood Dr, MLS#7664597.
Active
Price cut: $14.9K (10/31)
$135,000
1620 Phillips Ln, Mobile, AL 36618
3beds
1,788sqft
Est.:
Single Family Residence, Residential
Built in 1994
7,461.83 Square Feet Lot
$132,800 Zestimate®
$76/sqft
$-- HOA
What's special
New roofExtra living spaceAdditional bonus roomDedicated laundry room
- 33 days |
- 373 |
- 11 |
Likely to sell faster than
- Loading
- Loading