504 Lott ST Mobile, AL 36604
3 Beds
1 Bath
1,478 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Pending
Purchase Type For Sale
Square Footage 1,478 sqft
Price per Sqft $37
Subdivision Maysville
MLS Listing ID 7811845
Bedrooms 3
Full Baths 1
Year Built 1988
Annual Tax Amount $708
Tax Year 708
Lot Size 5,227 Sqft
Property Sub-Type Single Family Residence
Property Description
Opportunity is knocking at **504 Lott Street**. This 3-bedroom, 1-bath brick home offers 1,478 square feet of potential in a prime location. Situated directly across from historic Ladd-Peebles Stadium, this property is perfectly positioned for both immediate cash flow and long-term investment.
The home is currently tenant-occupied on a month-to-month lease, generating **$950 per month** in rental income, giving buyers the flexibility to continue renting or make future plans for the property. With major events held at the stadium throughout the year—including football games, community events, concerts, festivals, and more—the location offers outstanding visibility and investment potential.
As an added bonus, the neighboring property at **506 Lott Street** is also available for purchase. Whether you're looking to expand your rental portfolio, renovate, redevelop, or acquire two side-by-side properties in a highly desirable location, this is an opportunity you won't want to miss!
Location
State AL
County Mobile - Al
Direction Head toward Rickarby St,Pass by Waffle House (on the right),Turn right onto Weinacker Ave,Turn left onto Virginia St,Turn right onto Lott St,Destination will be on the right
Rooms
Basement None
Dining Room None
Kitchen None
Interior
Interior Features Other
Heating Other
Cooling Ceiling Fan(s)
Flooring Carpet, Vinyl, Wood
Fireplaces Type None
Appliance Other
Laundry Other
Exterior
Exterior Feature Other
Fence None
Pool None
Community Features Other
Utilities Available None
Waterfront Description None
View Y/N true
View Other
Roof Type Other
Building
Lot Description Other
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Ranch
Level or Stories One
Schools
Elementary Schools Leinkauf
Middle Schools Mobile - Other
High Schools Lillie B Williamson
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Broker Associate | License ID: 6510730