Price $715,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 10,407 sqft
Days on Market 18
Updated and stabilized, ten unit apartment complex in Midtown Mobile! Updated roof, fresh interior and new lighting. All with neutral colored paint, and vinyl plank floors. The kitchens are updated with white cabinets and countertops. Seven units are studio apartments, two units are two bedrooms, and one unit is a three bedroom. Out of the ten units, eight are currently long term tenants with one year leases, two units are being utilized as short term rentals. The short term rental units are generating approx $1200 per month, per unit. The rents on the long term units vary by unit. Rent rolls available by request. Property is near full occupancy and generates around $8500 gross per month on average. This area has seen great improvement and has excellent future appreciation potential. Located less than half a mile from Downtown Mobile, close to interstate access and not far from Mardi Gras parade routes. Roofs, plumbing, and electrical updates are approximately 8 years old. Call for more information. All measurements are approximate and not guaranteed, buyer to verify.
Property Type(s): Multi Family
Last Updated 2/9/2026 Tract Glendale Park
Year Built 0 County Mobile - AL

SCHOOLS

Elementary School Leinkauf
Jr. High School Calloway Smith
High School Murphy

Additional Details

AIR Other
AIR CONDITIONING Yes
CONSTRUCTION Asbestos, Brick, Wood Siding
HEAT Other
LOT 10406 sq ft
LOT DESCRIPTION Other
LOT DIMENSIONS 100x200
PARKING Parking Lot
SEWER Public Sewer
STORIES 2
SUBDIVISION Glendale Park
TAXES 928
UTILITIES Electricity Available, Natural Gas Available
VIEW Yes
VIEW DESCRIPTION Other
WATER Public

Location

 

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Listing provided by Rameh Dickens Khazen with Bellator Real Estate LLC Mobile

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