2228 Vaughan, Mobile, AL 36605

$168,000
4
BD
3
BA
2,275
SqFt

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List Price
$168,000
Price Change
▼ $47,000 1788244342
Short Sale
Yes
MLS#
7814722
Year Built
1964
Style
Ranch
Bedrooms
4
Bathrooms
3
Full baths
3
Living Area
2,275
Acres
0.51
County
Mobile - Al
Subdivision
Idlewood

Property Description

Prime value-add investment opportunity in Idlewood! Sprawling over 2,200 sq. ft. on a massive 0.5-acre lot, this 4-bedroom, 3-bathroom ranch offers significant After-Repair Value (ARV) potential. Featuring a flexible floor plan with a separate mother-in-law suite with a private entrance, this property provides immediate multi-family upside, dual-income rental streams, short-term rental (Airbnb) potential, or space for a primary suite + guest unit. You’ll be minutes from boat launches and the excitement of Downtown Mobile, with instant interstate access to get you wherever you need to go. ARV Projections: Estimated After-Repair Value ranges from $240,000- to $260,000 depending on finish levels and conversion layout, leaving substantial equity for a fix-and-flip or cash-out refinance. Built-in Income Strategy: The attached in-law suite with independent entry allows dual rental income streams (main house + unit) to maximize monthly cash flow. Location, convenience and access to outdoor amenities. Minutes from local boat launches, Dog River, and coastal recreation. Prime Commuter Access: Instant access to I-10 and I-65 for rapid commutes into Downtown Mobile, regional job hubs, and shipyards. Bring your contractor and vision to unlock the full margin potential on this high-upside property. Schedule your private walkthrough today!

Additional Information

Acres
0.51
Style
Ranch
Water
Public
Cooling
Ceiling Fan(s), Central Air
Sewer
Public Sewer
Heating
Central
Elementary School
Dr. Robert W. Gilliard
Middle School
Pillans
High School
Ben C Rain

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Calculator source: Real Geeks

Listing courtesy of 764 The Agency LLC.