Renovated Duplex Left Unit with
8053 Stacy Road 36 Mobile, AL 36695
For Sale
$172,000
Pending
Renovated duplex left unit with 3 bedrooms, 2 baths, and a detached two-car garage/workshop.
Property Size1,482 SF
Days on Market792
Property Features for 8053 Stacy Road 36
General Information
- Standard status
- Pending
- Size
- 1,482 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 2002
Listing Agency:
BluePrint Realty Company
(251) 278-8114
Listed By:
Erin Martinez · License #124768
(251) 278-8114
Source:
Exitrealty
Added: May 24, 2024
Changed: Jul 23
Last Checked: Jul 23 at 4:42AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of BluePrint Realty Company
Investment Insights
Based on property information with market context.
This renovated attached multi-family duplex unit is the left unit only, offering 3 bedrooms and 2 bathrooms in approximately 1,482 square feet. The interior has been updated with new paint, appliances, light fixtures, and flooring. The property also includes a detached two-car garage/workshop space. Additional improvements noted include a newly installed water well and new HVAC installed in August 2024.
The home is situated at the end of a dead-end road with ample space for storage. The lot is oversized and backs up to a large pond. No HOA is reported.
Owner financing options are available, and the buyer is advised to verify all information during due diligence.
The home is situated at the end of a dead-end road with ample space for storage. The lot is oversized and backs up to a large pond. No HOA is reported.
Owner financing options are available, and the buyer is advised to verify all information during due diligence.
Key Highlights
- Renovated attached multi‑family left unit of a duplex (3BR, 2BA) built in 2002
- Interior updates include brand new paint, appliances, light fixtures, and flooring
- New HVAC installed August 2024
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.0k | $16.20 |
| − Vacancy | −$1.7k | −$1.13 |
| EGI | $22.3k | $15.07 |
| − OpEx | −$10.0k | −$6.78 |
| NOI | $12.3k | $8.29 |
1,482 SF · lease $16.20/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$175.4K
$153.5K – $204.7K
NOI $12,280 @ 7.0% cap · market cap 7.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$376.7K
$329.6K – $439.5K
NOI $26,367 @ 7.0% cap · market cap 15.33%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Residential income properties
FAQs
What type of property is this?
Residential income property - Renovated duplex left unit with 3 bedrooms, 2 baths, and a detached two-car garage/workshop.
Where is this residential income property located?
The property is located at 8053 Stacy Road 36 Mobile, AL.
What is the asking price?
The asking price for this property is $172,000.
What are key features of this property?
This property features: Renovated attached multi‑family left unit of a duplex (3BR, 2BA) built in 2002; Interior updates include brand new paint, appliances, light fixtures, and flooring; New HVAC installed August 2024
