Tiptonrealtygroup.com Search Results

$600,000

Renovated six-unit, high-income producing apartment building offering a strong and diversified income stream. The property consists of four fully furnished short-term rental units and two long-term rentals, creating an attractive blend of stable tenancy and higher-yield short-term rental income. The short-term units are professionally furnished with updated furniture, bedding, and supplies and are currently operating at near full occupancy, while the two long-term units are leased to reliable tenants providing consistent baseline income.The property also features a coin-operated laundry facility that provides additional income. The building is professionally managed and has been a strong performer, generating average gross rents of over $7,000 per month.Significant capital improvements were completed in 2024, including new roofs, updated electrical systems, and updated plumbing. Nearly all units also received new flooring or refinished hardwood floors, along with new appliances, new PTAC-style HVAC units, and updated water heaters. With most major systems and interior improvements already addressed, the property has been stabilized and positioned for continued strong performance with minimal deferred maintenance.The surrounding area continues to see substantial growth and investment. With the relocation of the Mobile International Airport, the area is experiencing increased development, job creation, and infrastructure improvements, which are expected to further drive housing demand and long-term property values.This is a rare opportunity to acquire a stabilized, income-producing multifamily asset with strong current cash flow and additional upside potential in a rapidly improving area.All measurements are approximate and not guaranteed, buyer to verify. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. Year built is unknown. This

6 Beds ⋅ 6 Baths ⋅ 392935 MLS

Renovated six-unit, high-income producing apartment building offering a strong and diversified income stream. The property consists of four fully furnished short-term rental units and two long-term rentals, creating an attractive blend of stable tenancy and higher-yield short-term rental income. The short-term units are professionally furnished with updated furniture, bedding, and supplies and are currently operating at near full occupancy, while the two long-term units are leased to reliable tenants providing consistent baseline income.The property also features a coin-operated laundry facility that provides additional income. The building is professionally managed and has been a strong performer, generating average gross rents of over $7,000 per month.Significant capital improvements were completed in 2024, including new roofs, updated electrical systems, and updated plumbing. Nearly all units also received new flooring or refinished hardwood floors, along with new appliances, new PTAC-style HVAC units, and updated water heaters. With most major systems and interior improvements already addressed, the property has been stabilized and positioned for continued strong performance with minimal deferred maintenance.The surrounding area continues to see substantial growth and investment. With the relocation of the Mobile International Airport, the area is experiencing increased development, job creation, and infrastructure improvements, which are expected to further drive housing demand and long-term property values.This is a rare opportunity to acquire a stabilized, income-producing multifamily asset with strong current cash flow and additional upside potential in a rapidly improving area.All measurements are approximate and not guaranteed, buyer to verify. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. Year built is unknown. This

1300 Illinois St, Mobile

$1,100,000

An amazing piece of paradise in Wilmer! The main home is a brick home with 3 bedrooms, 2 bathrooms and sits on approximately 35 acres, which includes a 10 acre lake. The home was recently updated with fresh paint, new vinyl flooring, new roof, new pergolas, and new bathroom vanities. This property also includes a barn, log cabin, cook house, storage building, and an additional building that is currently being used for the dressing room for the venue. The barn is great for entertaining or hosting events. There is a small food room on the barn. The building that is being used for the dressing room currently has two separate dressing areas as well as two separate bathrooms. This building has its own septic tank. The cook house is a screened building with areas for grilling and also has a 1/2 bathroom. This property also a features log cabin that was built in the 1890's in Arkansas. It was dismantled and moved to the current location in the 1980's. The lake has two piers, a beach area, and benches overlooking the lake. There is a walkway going from the barn to the lake. This property is the perfect home place but also can be an income producing venue. It is great for fishing, hunting and so much more. Call now to schedule your appointment but make sure you schedule enough time to see everything this property has to offer. Buyer to verify all information during due diligence.

3 Beds ⋅ 2 Baths ⋅ 387798 MLS

An amazing piece of paradise in Wilmer! The main home is a brick home with 3 bedrooms, 2 bathrooms and sits on approximately 35 acres, which includes a 10 acre lake. The home was recently updated with fresh paint, new vinyl flooring, new roof, new pergolas, and new bathroom vanities. This property also includes a barn, log cabin, cook house, storage building, and an additional building that is currently being used for the dressing room for the venue. The barn is great for entertaining or hosting events. There is a small food room on the barn. The building that is being used for the dressing room currently has two separate dressing areas as well as two separate bathrooms. This building has its own septic tank. The cook house is a screened building with areas for grilling and also has a 1/2 bathroom. This property also a features log cabin that was built in the 1890's in Arkansas. It was dismantled and moved to the current location in the 1980's. The lake has two piers, a beach area, and benches overlooking the lake. There is a walkway going from the barn to the lake. This property is the perfect home place but also can be an income producing venue. It is great for fishing, hunting and so much more. Call now to schedule your appointment but make sure you schedule enough time to see everything this property has to offer. Buyer to verify all information during due diligence.

4650 Wiggins Rd, Wilmer

$1,200,000

Potential for commercial or residential development. Beautiful 11.5 acres with some trees and 600 feet road frontage on Schillinger Road. Convenient to I-10. Home on property conveys at no value. This listing includes three separate parcels, Tax ID’s 1158561, 1158605, 1581979. Listing Agent is related to the seller. Buyer to verify all information during due diligence.

378106 MLS

Potential for commercial or residential development. Beautiful 11.5 acres with some trees and 600 feet road frontage on Schillinger Road. Convenient to I-10. Home on property conveys at no value. This listing includes three separate parcels, Tax ID’s 1158561, 1158605, 1581979. Listing Agent is related to the seller. Buyer to verify all information during due diligence.

5063 S Schillinger Rd, Mobile

$345,000

4.98 acres in Fairhope! The possibilities are endless! Total acreage include PPIN's 30004, 46124 and 72090. All information is deemed credible but buyers responsibility to verify during due diligence. Seller has a new survey. Buyer to verify all information during due diligence.

391681 MLS

4.98 acres in Fairhope! The possibilities are endless! Total acreage include PPIN's 30004, 46124 and 72090. All information is deemed credible but buyers responsibility to verify during due diligence. Seller has a new survey. Buyer to verify all information during due diligence.

Twin Beech Rd, Fairhope