Bought with Breanna Veth • Wellhouse Real Estate LLC
$580,000
$580,000
For more information regarding the value of a property, please contact us for a free consultation.
10,406 Sqft Lot
SOLD DATE : 10/09/2024
Key Details
Sold Price $580,000
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Leinkauf Historical District
MLS Listing ID 7458772
Sold Date 10/09/24
Annual Tax Amount $878
Tax Year 878
Lot Size 10,406 Sqft
Property Description
Updated, ten unit apartment building. This property is located in Midtown Mobile in an up and coming area. The city has multiple improvement projects in this vicinity as it is a main thoroughfare into Midtown/Downtown and the new Brookley Airport. Interstate access is less then five minutes away as well.
The building was renovated approximately three years ago, so the units have updated vinyl plank floors, painted cabinets, neutral paint and new lighting fixtures.
This building was being used for short term rentals previously but is now vacant. The seller reserves the right to rent the apartments to long term tenants.
This property has plenty of parking, and a perfect location to add a coin or card operated laundry room to increase profitability.
This property won't last long so call to see it today.
Location
State AL
County Mobile - Al
Direction From Downtown, head west, make a left onto Michigan Avenue. The property will be located on your right.
Interior
Heating Central
Cooling Central Air
Flooring Hardwood, Vinyl
Exterior
Fence None
Community Features None
Utilities Available Electricity Available, Natural Gas Available
Waterfront false
Waterfront Description None
View Y/N true
View Other
Roof Type Other
Building
Lot Description Other
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Leinkauf
Middle Schools Calloway Smith
High Schools Murphy
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
GET MORE INFORMATION