Price $699,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 10,407 sqft
Days on Market 8
Look no further for a strong investment opportunity featuring three buildings with a total of 10 units, providing multiple income streams and excellent potential for continued cash flow. Eight units are occupied by long-term tenants, offering stable, consistent rental income, while two ADUs operate as Airbnb rentals, providing additional short-term rental revenue and flexibility. The property currently generates over $8,000 in gross monthly income, making this an attractive opportunity for investors seeking an established income-producing asset. The diversified rental model combines the stability of long-term leases with the earning potential of short-term rentals. Current owner has also completed significant upgrades to the property. The two ADU buildings that house the AirBNB rentals have been completely remodeled and are fully furnished. New floors, subfloor, appliances, new PEX water lines, tankless water heater in Unit 10, mini split and brand new shower in Unit 9. New shower installed in unit 1. Sewer plumbing has been updated in the main building with additional clean outs added. With 10 total units across three buildings, this property offers scale, built-in income diversification, and potential for future growth. A compelling addition to any investment portfolio"”schedule your private showing today!
Property Type(s): Multi Family
Last Updated 8/29/2026 Tract Glendale Park
Year Built 1982 County Mobile - AL

SCHOOLS

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

Additional Details

AIR Ceiling Fan(s), Wall Unit(s), Window Unit(s)
AIR CONDITIONING Yes
CONSTRUCTION Asbestos
LOT 10406 sq ft
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 10406.484
PARKING Parking Lot, Paved
SEWER Public Sewer
STORIES 2
SUBDIVISION Glendale Park
TAXES 928
UTILITIES Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
VIEW Yes
VIEW DESCRIPTION City
WATER Public

Location

 

Contact us about this Property

 / 
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Phil Purpura to contact you even if your name is on a Federal or State "Do not call List".

Listing provided by Breanna Veth with Wellhouse Real Estate LLC - Mobile

All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of the Gulf Coast Multiple Listing Service, Inc. IDX/RETSreal estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer’s personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2003 Gulf Coast Multiple Listing Service, Inc. All rights reserved.

This IDX solution is (c) Diverse Solutions 2026.

Email a Friend