BEDS0
BATHS
MLS#7735622
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 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.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
Fenced: Yes
Heating: Central, Electric, Natural Gas
Lot Size: 0.14 Acres
Roof Type: Shingle, Slate
Stories: 2.0
Taxes: $3,136
Year Built: 1977
Feature Descriptions
Accessibility: None
Community Features: Sidewalks
Construction Materials: Frame
Days on Site: 140
Exterior: Frame
Fencing: Back Yard, Fenced
Flooring: Ceramic Tile, Hardwood
Lot: Level
Lot Dimensions: 50x120
Parcel#: 2910223003028
Parcel #: 2910223003028
Parking: Driveway, Parking Lot
Parking Notes: Driveway, Parking Lot
Sewer: Public Sewer
Special View Info: City
Topography: Level
Units: 6
Utilities: Sewer Available, Water Available, Other
Water: Public
Waterfront: None
Window: None
Local Schools
High School: Murphy
Middle School: Calloway Smith
Elementary School: Leinkauf
Listed By / Shown By
Listed By
Agency Name: Bellator Real Estate LLC Mobile
Shown By
Agent Name: Pat Rowland
Agent Phone: (251) 269-9434
Estimate Your Payment
Estimated Payment
$ 2,474.64 per month $2,086.44 Principal & Interest $261.33 Property Tax $126.88 Homeowner's InsuranceChange Payment Information
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207 Michigan Avenue | MLS# 7735622
This multi-family property located at 207 Michigan Avenue, Mobile, AL 36604 is currently listed for sale by Bellator Real Estate LLC Mobile, with an asking price of $435,000. Search Mobile real estate on patrowland.gobellator.com today.