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IXL Real Estate North

ixlnorth@gmail.com +1(251) 265-1230

$475,000

Est. payment - /mo

6 Beds

3 Baths

5,911 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,911 sqft

Price per Sqft $80

Subdivision Glendale Park

MLS Listing ID 394407

Bedrooms 6

Full Baths 3

Construction Status Resale

Year Built 1977

Annual Tax Amount $3,053

Lot Size 5,662 Sqft

Lot Dimensions 50 x 121 x 49 x 120

Property Sub-Type Multi Family

Property Description

Six unit apartment building currently generating over $5,500 per month in gross rent. This building is composed of five long term rental units, and one short term rental unit. Building has been partially renovated with room to update some units and increase rents. This building is located on Michigan Avenue, which will be the corridor to both the interstate for Midtown and the route to the new Mobile International Airport. Currently under professional management great for out of town buyers. This building will generate income from closing day forward. Just a few of the updates done over the last few years include three updated mini split air conditioners, main panel upgrade in 2022, and a partial replumb including sewer lines. This included the majority of plumbing fixtures as well. An exterior paint job and landscaping was also done approx 2023. Building is comprised of four, one bed, one bath units, and two studios. Call for more information today. Buyer to verify all information during due diligence.

Location

State AL

County Mobile

Area Mobile County

Zoning 2+ Family Residence

Interior

Interior Features Eat-in Kitchen, Other Rooms (See Remarks)

Cooling Window Unit(s)

Flooring Tile, Wood

Fireplaces Type None

Fireplace No

Appliance Other

Exterior

Parking Features See Remarks

Fence Fenced

Community Features None

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type See Remarks

Garage No

Building

Foundation Pillar/Post/Pier

Sewer Public Sewer

Water Public

New Construction No

Construction Status Resale

Schools

Elementary Schools Leinkauf

Middle Schools Calloway Smith

High Schools Murphy

Others

Senior Community No

Ownership Whole/Full

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Listed by Bellator Real Estate LLC Mobil

Nearby Locations

IXL Real Estate North

Company

+1(251) 265-1230

207 Michigan Avenue Mobile, AL 36604

IXL Real Estate North

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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