Active
  • $22,000

    565 Cedar Ave, Mobile, AL 36603

    2beds
    1,032sqft
    : 
    Single Family Residence, Residential
    Built in 1935
    4,116.42 Square Feet Lot
    $-- Zestimate®
    $21/sqft
    $-- HOA

    What's special

    Large lot property
    Investor Alert! Opportunity knocks at 565 Cedar Avenue in 36603 - a large lot property just minutes from downtown Mobile. Sold as is, this home is ready for the right buyer to unlock its true potential. Why this property is a rare find: Huge land upside - the lot size gives flexibility for rebuilds, additions or even subdivision (subject to zoning) in one of Mobile's most central areas. Proximity to downtown + River Walk Plaza project - major investments are being made to activate the downtown waterfront with mixed-use retail, residential, hospitality, and lifestyle amenities. Infrastructure & revitalization underway - downtown streets like St. Louis are being upgraded with new lighting, sidewalks, street beautification, ADA improvements and better drainage. Full momentum is building for growth. Strong rental /redevelopment demand - Mobile's market shows steady appreciation, growing demand, especially for affordable housing and working-class renters. Lower acquisition cost + high demand = strong cash-flow potential. City programs targeting blight & vacant properties - there are local initiatives (like the Neighborhood Renewal Program) aimed at improving titled & tax-delinquent properties. Investors who rehab could benefit from these incentives. Please note: there's been evidence of past squatters (none now), so use caution when viewing. Don't miss this chance to get in early, roll up your sleeves, and create substantial value. Whether you rebuild, renovate, rent, or flip, 565 Cedar Avenue offers the blank slate to make a profitable play. Call today to schedule a showing! No sign on property - please reference address. Buyer responsible for verifying all measurements and relevant details.
    3 days
    |
    464
    |
    21
    |
    • Loading