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Paula Messer

paula@paulamesser.com +1(251) 510-6665

Listed by Rameh Dickens Khazen • Bellator Real Estate LLC Mobile

$475,000

Est. payment - /mo

5,911 Sqft Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Glendale Park

MLS Listing ID 7735622

Year Built 1977

Annual Tax Amount $3,136

Tax Year 3136

Lot Size 5,911 Sqft

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 so perfect 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.

Location

State AL

County Mobile - Al

Direction From Government St, headed East, make a right onto Michigan Avenue and property will be on your left.

Interior

Heating Central, Electric, Natural Gas

Cooling Ceiling Fan(s), Central Air, Window Unit(s)

Flooring Ceramic Tile, Hardwood

Exterior

Fence Back Yard, Fenced

Community Features Sidewalks

Utilities Available Sewer Available, Water Available, Other

Waterfront Description None

View Y/N true

View City

Roof Type Shingle,Slate

Total Parking Spaces 6

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories Two

Schools

Elementary Schools Leinkauf

Middle Schools Calloway Smith

High Schools Murphy

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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Nearby Locations

Paula Messer

Broker Associate | License ID: 64834

+1(251) 510-6665

207 Michigan AVE Mobile, AL 36604

Paula Messer

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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207 Michigan AVE