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Alissa Childree

alissa.childree@exprealty.com +1(251) 975-8192

$799,000

Est. payment - /mo

13 Beds

9 Baths

5,910 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Four To Ten Units

Listing Status Active

Purchase Type For Sale

Square Footage 5,910 sqft

Price per Sqft $135

Subdivision Dubroca Tract

MLS Listing ID 393811

Style Multi Story

Bedrooms 13

Full Baths 9

Construction Status Resale

HOA Y/N No

Rental Info Yes

Year Built 1945

Property Sub-Type Four To Ten Units

Source Baldwin County

Property Description

Attention Investors!!! An excellent investment opportunity in the heart of Midtown! This 9-unit apartment complex offers a mix of 1- and 2-bedroom units, each with 1 bathroom, and is currently 100% occupied, providing immediate income for a new owner. Monthly rents range from $600 to $800 per unit, offering strong and consistent cash flow potential. Each unit is equipped with window air-conditioning units and are all electric, with city water and city sewer service. All apartments include a stove and refrigerator (except for one unit where the refrigerator belongs to the tenant). The property also offers on-site parking for residents. Located in a fantastic Midtown location, the property is convenient for dining, shopping, and entertainment, with easy access to major thoroughfares providing quick connectivity to all areas of Mobile. With strong occupancy, a desirable location, and steady rental history, this property presents a great opportunity for investors seeking a well-located income-producing asset. Buyer to verify all information during due diligence.

Location

State AL

County Mobile County

Zoning MultiFamily

Interior

Cooling Window Unit(s)

Flooring Wood, Carpet, Laminate

Fireplaces Type No Fireplace

Furnishings Unfurnished

Fireplace No

Appliance Refrigerator, Electric Range, Smoke Detector

Exterior

Parking Features Three Or More Vehicles

Pool None

Community Features None

Utilities Available Water City, Sewage City, Alabama Power, MoreThanOneWaterMeter

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Composition Shingle

Building

Architectural Style Multi Story

Construction Status Resale

Schools

Elementary Schools Leinkauf Elementary

Middle Schools Booker T. Washington Middle

High Schools Murphy High

Others

HOA Fee Include Trash

Special Listing Condition Corporate Owned

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Listed by L L B & B, Inc.

NEARBY SCHOOL & BUSINESS

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Alissa Childree

+1(251) 975-8192

Agent | License ID: 3508920

Agent License ID: 3508920

203 Mohawk Street Mobile, AL 36606

Alissa Childree

Key Details

Location

Interior

Exterior

Building

Schools

Others