Additional Details

• Please Note:: Google shows this property as 1001 Oak St. See Important Details for clarification
• Ideal Investment Strategy: Rental/Resale
• Potential ARV: $120,000-$130,000
• Estimated Rehab: $35,000-$45,000
• Comparable Rent: $900
• Construction: Frame
• Occupancy: Call your Agent
• Comp 1: 1165 Old Shell Rd, Mobile, AL 36604 -- 2/1/1376 sq ft -- SOLD $161k JUN 2023 -- (Clean with Dated Finishes)
• Comp 2: 1057 Caroline Ave, Mobile, AL 36604 -- 2/1/900 sq ft -- SOLD $170k SEP 2023 -- (Clean with Updates)
• Comp 3: 1016 Old Shell Rd, Mobile, AL 36604 -- 3/1.5/1294 sq ft -- SOLD $240k NOV 2023 -- (Clean Bungalow Cottage with Mid-Grade Finishes)
• Comp 4: 55 N Georgia Ave, Mobile, AL 36604 -- 2/1/1535 sq ft -- SOLD $90k JUL 2023 -- (Off Market Investor Purchase)
• Rehab Description: For a rental or a flip, cosmetic updates are needed. Update the kitchen, bathroom, and flooring. Replace the roof. Address siding and ceiling drywall and apply a fresh coat of paint in and out.
• Features: Historic Mobile! This 3 bedroom, 1 bathroom, home sits in a quiet historic pocket of Mobile, AL! The property features ample living space with plenty of room to add a second bathroom if desired. Comes with the adjacent lot next door! Don't miss out on this opportunity.
• Important Details: --> Seller combined 1001 Oak and 1002 Oak (Adjacent Lot) which is now 1003 Oak. Google still shows 1001 Oak St. --> Vacant at Closing!
• Hard Money: Pre-Approved by PropertyForce Funding for up to 60% LTV – See PropertyForce Funding Tab