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
Cooling Information
Ceiling Fan(s)
Central Air
Window Unit(s)
Heating Information
Central
Electric
Natural Gas
Utilities
Sewer Available
Water Available
Other
Parking
Driveway
Parking Lot
Water Features
Public
School Information
School Information for 207 Michigan Avenue, Mobile, AL 36604
Elementary School
Leinkauf
Middle School
Calloway Smith
High School
Murphy
Listing Courtesy: Bellator Real Estate LLC Mobile - 251-343-7777