BEDS0
BATHS
MLS#7733339
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONDubroca Tract
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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Heating: None
Lot Size: 0.32 Acres
Roof Type: Composition
Taxes: $1,613
Year Built: 1945
Feature Descriptions
Accessibility: None
Community Features: None
Construction Materials: Frame, Stucco
Days on Site: 136
Exterior: Frame, Stucco
Fencing: None
Flooring: Carpet, Hardwood, Laminate
Lot: Level
Lot Dimensions: 100x140x101x138
Parcel#: 2907240006217
Parcel #: 2907240006217
Parking: Driveway
Parking Notes: Driveway
Sewer: Public Sewer
Special View Info: City
Topography: Level
Units: 9
Utilities: Electricity Available, Sewer Available, Water Available
Water: Public
Waterfront: None
Window: None
Local Schools
High School: Murphy
Middle School: Booker T Washington
Elementary School: Leinkauf
Listed By / Shown By
Listed By
Agency Name: L L B & B, Inc.
Agency Phone: 251-342-3200
Shown By
Agent Name: Pat Rowland
Agent Phone: (251) 269-9434
Agency Title: Bellator Real Estate
Estimate Your Payment
Estimated Payment
$ 4,199.79 per month $3,832.33 Principal & Interest $134.42 Property Tax $233.04 Homeowner's InsuranceChange Payment Information
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203 Mohawk Street | MLS# 7733339
This multi-family property located at 203 Mohawk Street, Mobile, AL 36606 is currently listed for sale with an asking price of $799,000. Search Mobile real estate on patrowland.gobellator.com today.