About 1933 Pallister Pl
STRONG CAP RATE INVESTMENT WITH IMMEDIATE RENTAL INCOME, A LONG-TERM TENANT, AND EXTENSIVE RECENT IMPROVEMENTS. Currently producing $1,497 per month, this professionally managed 3-bedroom, 1.5-bath home offers one of the strongest income-producing opportunities in the portfolio. The current tenant has occupied the property for more than four years, creating stable occupancy and reducing vacancy risk. Major capital improvements completed in 2022 include a new roof, HVAC system, water heater, and flooring. The month-to-month lease provides flexibility while maintaining uninterrupted cash flow from the first day of ownership. Rent rolls, lease information, and T-12 financial statements are available upon request. Purchase this property individually or ask about acquiring it as part of the complete six-property investment portfolio. SEE MLS #’s (408488,408492,408531,408534,408538). Buyer to verify all information during the due diligence period.
Features of 1933 Pallister Pl
| MLS® # | 408533 |
|---|---|
| Price | $144,900 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 1 |
| Half Baths | 1 |
| Square Footage | 1,150 |
| Year Built | 1978 |
| Type | Residential |
| Sub-Type | Traditional |
| Status | Pending |
Community Information
| Address | 1933 Pallister Pl |
|---|---|
| Area | Mobile County |
| Subdivision | Pallister Place |
| City | Mobile |
| County | Mobile County |
| State | AL |
| Zip Code | 36618 |
Amenities
| Utilities | Water City, Sewage City, Alabama Power |
|---|---|
| Parking | Side Entrance |
| Is Waterfront | No |
| Waterfront | No Waterfront |
| Has Pool | No |
| Pool | None |
| Boat Facilities | None |
Interior
| Appliances | Cooktop, Refrigerator |
|---|---|
| Heating | Electric |
| Fireplace | No |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Lot Description | Less Than 1 Acre |
|---|---|
| Roof | Composition Shingle |
School Information
| Elementary | Forest Hill Elementary |
|---|---|
| Middle | C.L. Scarborough Middle |
| High | Mattie T. Blount High |
Additional Information
| Date Listed | August 13th, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees Freq. | Monthly |