Income-producing 4.07-acre property in West Mobile featuring a 2,346 sq ft single-family home (year built unknown/effective year built 1992) currently tenant-occupied on a 12-month lease with a reliable tenant in place. Located in FEMA Flood Zone X (outside the 100- and 500-year floodplains), the property offers lower flood-related restrictions and strong long-term development potential. Currently zoned residential. The acreage, access, and growing demand for alternative housing make this a compelling opportunity for RV park operators, manufactured housing developers, or investors seeking land with income while pursuing future entitlements. Ideal strategy: collect rental income while exploring rezoning or development potential. RENT TO OWN option available. Please contact agents for details. Survey has been performed. Tenant requires 24 hour notice for all showings. Buyer to perform due diligence regarding future use and amenities.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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