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Paula Messer

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

Listed by Melissa Morrissette • L L B & B, Inc.

$799,000

Est. payment - /mo

0.32 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Subdivision Dubroca Tract

MLS Listing ID 7733339

Year Built 1945

Annual Tax Amount $1,613

Tax Year 1613

Lot Size 0.320 Acres

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.

Location

State AL

County Mobile - Al

Direction From Old Shell Rd headings towards midtown. Turn right onto Wisteria Ave. Turn left onto Dauphin St. Turn right onto Mohawk St.

Interior

Heating None

Cooling Window Unit(s)

Flooring Carpet, Hardwood, Laminate

Exterior

Fence None

Community Features None

Utilities Available Electricity Available, Sewer Available, Water Available

Waterfront Description None

View Y/N true

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Roof Type Composition

Total Parking Spaces 9

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories Multi/Split

Schools

Elementary Schools Leinkauf

Middle Schools Booker T Washington

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

203 Mohawk ST Mobile, AL 36606

Paula Messer

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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203 Mohawk ST