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Property profile & analytics
OFF-MARKET
Residential income homes

3461 Gracie Ln Mobile, AL 36619

2,900 SF
Property ID
US03-0773886
Property summary
AI-generated overview

This exceptional multifamily investment opportunity presents a beautifully updated 4-bedroom, 2.5-bathroom home situated on a spacious 1.8-acre lot in a desirable West Mobile location. The single-level layout boasts an open-concept kitchen and dining area featuring white solid wood cabinets, quartz countertops, updated appliances, and a walk-in pantry. The oversized family room, with 9.5-foot ceilings, provides ample space for relaxation or entertainment. The primary suite includes a private half-bath, while a 14x11 bonus room with a full bath offers versatile guest or in-law suite potential. The expansive lot is perfect for outdoor activities, complemented by mature fruit trees. Recent upgrades include a new roof (2018), updated HVAC (2019), a new water heater (2024), a remodeled laundry room, and new blown-in insulation (2023). Additional features include an attached one-car garage, a detached shed, updated electrical, and raised garden beds. The property offers approximately 2,900 square feet of living space and is listed at $299,349, with offers between $299,000 and $349,000 being considered. The property is located in a highly-rated school district, providing both comfort and practicality. All information should be verified by the buyer during due diligence.

Property profile
Verified
Property type Residential income homes
Total area 2,900 SF
UPID US03-0773886
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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