Available
$98,000(ARV: $260,000)38% of ARV

Mobile County, Mobile, AL 36695

3 bd2 ba1,704 sfBuilt 1985

7 days ago

Gross spread$162,000

Description

Asking Price: $98,000 ARV: $265,000 COE: 09/30/2026 Property Type: Single-Family Home Occupancy: Owner Occupied Access: 24 Hrs Advance Notice with LSC Investments Photolink: Click Here LTR: $1,870/M Section8: $1,660/M FY2026 ---------------------------------------------------------------------------------------------------------------------------------------------- Deal Snapshot 3 Bed / 2 Bath 1,704 Sq Ft Living Space Built: 1958 Lot Size: 38,768 Sq Ft Attached Garage Large lot with strong value-add potential Significant spread between purchase price and projected ARV ---------------------------------------------------------------------------------------------------------------------------------------------- Property Highlights Spacious 3-bedroom, 2-bath single-family home Approximately 1,704 Sq Ft of living space Large 38,768 Sq Ft lot Attached garage Owner occupied Potential for a substantial value increase after renovation Projected ARV of $265,000 ---------------------------------------------------------------------------------------------------------------------------------------------- Rehab Notes Property needs a full renovation and is being sold with significant work needed. Foundation: Condition to be verified during inspection Roof: Condition to be verified HVAC: Condition to be verified Plumbing: Condition to be verified Electrical: Condition to be verified Interior/Exterior: Property is described as being in rough condition and will require substantial cleanup and renovation. Buyers should verify all property conditions, measurements, permits, and renovation costs during their due diligence. ---------------------------------------------------------------------------------------------------------------------------------------------- Comparables 9424 Johnson Rd S, Mobile, AL 36695 3 Bed / 2 Bath • 1,517 Sq Ft • Built 1977 Sold: $195,000 (10/19/2021) → Updated 3/2 comparable on a 0.46-acre lot. ---------------------------------------------------------------------------------------------------------------------------------------------- Key Notes Property sold AS-IS Buyer pays all closing costs EMD non-refundable (unless title issues) Assignment / JV deal Do NOT contact seller directly ---------------------------------------------------------------------------------------------------------------------------------------------- Interested? Reply "INFO" or "WALKTHROUGH" to schedule access or receive the full deal package. [contact details hidden] (Moe) LSC Home Investments LLC "We find opportunities others overlook."

$/sqft vs market

This deal$58/sqft
Market median$116/sqft
Difference51% below

Median of 40 comparable listings matched on city + property type. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms3
Bathrooms2
Square feet1,704
Lot size38,768 sf
Year built1985
ConditionFull Rehab
OccupancyOwner Occupied
ParkingAttached Garage

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationSlab

Self-reported by the seller. Not inspected.

Seller

CompanyWithheld
Disposition repWithheld
Documents on file0
Views on the source listing131
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