BEDS13
BATHS9 full
SQUARE FEET5,910
MLS#393811
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. Buyer to verify all information during due diligence.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Home Style: Multi Story
Lot Size: 0.32 Acres
Property Type: Four To Ten Units
Stories: 3.0
Taxes: $1,612
Year Built: 1945
Feature Descriptions
Appliances: Refrigerator, Electric Range, Smoke Detector
Association Fee Includes: Trash
Community Features: None
Days on Site: 136
Fireplace: No Fireplace
Flooring: Wood, Carpet, Laminate
Lot Dimensions: 0.32 acre(s)
Property Amenities: More Than One Water Meter
Utilities: Water City, Sewage City, Alabama Power, MoreThanOneWaterMeter
Local Schools
High School: Murphy High
Middle School: Booker T. Washington Middle
Elementary School: Leinkauf Elementary
Listed By / Shown By
Listed By
Agency Name: LLB & 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
$ 4,199.70 per month $3,832.33 Principal & Interest $134.33 Property Tax $233.04 Homeowner's InsuranceChange Payment Information
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203 Mohawk Street | MLS# 393811
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.