2228 Vaughan, Mobile, AL 36605
- $168,000
- 4
- BD
- 3
- BA
- 2,275
- SqFt
- List Price
- $168,000
- Status
- ACTIVE
- Price Change
- ▼ $47,000 1788244342
- MLS#
- 7814722
- Short Sale
- Yes
- Style
- Ranch
- Year Built
- 1964
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 3
- Living Area
- 2,275
- Lot Size
- 22,076
- Acres
- 0.51
- 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
- Interior Features
- Entrance Foyer
- Exterior Features
- Private Yard
- Property Description
- Ranch
- Flooring
- Brick, Ceramic Tile, Hardwood
- Heating
- Central
- Air Conditioning
- Ceiling Fan(s), Central Air
- Levels
- One
- Elementary School
- Dr. Robert W. Gilliard
- Middle School
- Pillans
- High School
- Ben C Rain
Mortgage Calculator
Listing courtesy of 764 The Agency LLC.