1706 Lomeroy Street

Description

Prime Investment Opportunity! This distressed property is full of potential for investors seeking a rewarding renovation project. With solid structure but in need of a full rehab, this home is ideal for experienced flippers or buy-and-hold investors. Though compact at approximately 1,000 square feet, it offers endless possibilities for modern updates. Conveniently located near Ladd-Peebles Stadium, this is a fantastic opportunity to build equity in Mobile's growing market. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.