BEDS6
BATHS3 full
SQUARE FEET5,911
MLS#394407
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONGlendale Park
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Fenced: Yes
Lot Size: 0.13 Acres
Property Type: Multi Family
Stories: 2.0
Year Built: 1977
Amenities
Eat-in Kitchen
Other Rooms (See Remarks)
Feature Descriptions
Appliances: Other
Community Features: None
Construction Materials: Other-See Remarks
Days on Site: 17
Fencing: Fenced
Fireplace: None
Flooring: Tile, Wood
Foundation: Pillar/Post/Pier
Lot Dimensions: 0.13 acre(s)
Master Bedroom: Other - See Remarks
Sewer: Public Sewer
Water: Public
Zoning: 2+ Family Residence
Local Schools
High School: Murphy
Middle School: Calloway Smith
Elementary School: Leinkauf
Listed By / Shown By
Listed By
Agency Name: Bellator Real Estate LLC Mobil
Shown By
Agent Name: Danna Saia
Agent Phone: (251) 233-9828
Estimate Your Payment
Estimated Payment
$ 2,416.83 per month $2,278.29 Principal & Interest $0.00 Property Tax (data not provided by mls) $138.54 Homeowner's InsuranceChange Payment Information
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207 Michigan Avenue | MLS# 394407
This multi-family property located at 207 Michigan Avenue, Mobile, AL 36604 is currently listed for sale by Bellator Real Estate LLC Mobil, with an asking price of $475,000. Search Mobile real estate on dannasaia.gobellator.com today.