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IXL Real Estate North

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

$435,000

Est. payment - /mo

6 Beds

3 Baths

5,911 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 5,911 sqft

Price per Sqft $73

Subdivision Glendale Park

MLS Listing ID 394407

Style Multi Story

Bedrooms 6

Full Baths 3

Construction Status Resale

HOA Y/N No

Rental Info Yes

Year Built 1977

Property Sub-Type Four To Ten Units

Source Baldwin County

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 County

Zoning MultiFamily

Rooms

Dining Room EatInKitchen

Interior

Cooling Window Unit(s)

Flooring Tile, Wood

Fireplaces Type No Fireplace

Fireplace No

Appliance Other/See Remarks

Exterior

Parking Features Other/See Remarks

Fence Fenced

Pool None

Community Features None

Utilities Available Water City, Sewage City, Alabama Power

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Other/See Remarks

Building

Architectural Style Multi Story

Construction Status Resale

Schools

Elementary Schools Leinkauf Elementary

Middle Schools Calloway Smith Middle

High Schools Murphy High

Others

Special Listing Condition None

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Listed by Bellator Real Estate, LLC Span

Nearby Locations

IXL Real Estate North

Company

+1(251) 265-1230

207 Michigan Avenue Mobile, AL 36604

IXL Real Estate North

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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