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)
Lot Size: 0.32 Acres
Property Type: Multi Family
Stories: 3.0
Year Built: 1945
Feature Descriptions
Appliances: Electric Range, Refrigerator
Community Features: None
Construction Materials: Stucco, Wood Siding
Days on Site: 2
Exterior: Stucco, Wood
Fireplace: None
Flooring: Carpet, Laminate, Wood
Foundation: Slab
Lot Dimensions: 0.32 acre(s)
Sewer: Public Sewer
Water: Public
Zoning: 2+ Family Residence
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: Lucy Watkins
Agent Phone: (251) 391-9367
Agency Title: Bellator Real Estate
Estimate Your Payment
Estimated Payment
$ 4,065.37 per month $3,832.33 Principal & Interest $0.00 Property Tax (data not provided by mls) $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 www.lucywatkinsproperties.com today.