7700 Morris Hill Road, Semmes, AL 36575

$58,000 Asking Price

2 beds
1 bath
840  sqft
Built in 1986

Attention Investors !!! If you are looking to build your rental portfolio with a property that already has cash-flowing this one is for you. It could potentially have 3 or 4 rentals in 1. This Approximately 1/2 acre lot has a 2 Bedroom 1 bath 1986 14x60 Liberty Mobile Home which rents for $700 a month. It has been updated with new subflooring and vinyl tile, Sheetrock, paint and new front covered porch. There is an additional spot with a camper (camper not included) which rents for $500 per month with long-term lot tenant who would like to remain. The workshop out back would make a great studio apartment. It was recently painted and all wood repaired plus there is room for another rv spot. That is a great ROI for less than $60k. All showings are to be scheduled through showing time. Buyer and Buyer Agents to verify all pertinent information. Property Sold as is where is. No repairs will be made. Buyer to verify all information during due diligence.

Features & Amenities

Interior

General:
Ceiling Fan(s)
Appliances:
None
Heating:
true, Electric
Fireplace:
Fireplaces: 0

Exterior

Parking:
None

Construction

Roofing:
Composition
General:
Aluminum Siding, One

Location

Golf:
None
Originating MLS:
Baldwin County
County:
Mobile

Lot

Zoning:
2309303002104.001
View:
None/Not Applicable

Utilities

Utilities:
Alabama Power

Financial

Source:
Baldwin County
Ownership:
Whole/Full

This listing courtesy of:
Blackwell Roberts Real Estate, Stacie McDonald

About Semmes, AL

Housing

Number of Units
8,341
Median Home Value
$154,759
Median Rent
$655

19.33% of housing units are renter occupied.

6.44% are vacant.

Commute

Car
79.46%
Public Transportation
0.06%
Walk to Work
0.55%
Work from Home
19.56%
Other
0.21%

The median travel time to work is 26 minutes.

People

Population
21,862
Median Age
40.70
Median Household Size
2.83

Education

High School
41.25%
Associate’s Degree
10.84%
Bachelor’s Degree
12.61%
Graduate Degree
6.44%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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