$129,000
$96 / sq ft
4 Beds
2 Baths
1,344 square feet
Listing courtesy of Next Chapter Home & Realty, Karla Trizzino-Smith
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.
MLS# 393811
$129,000
$96 / sq ft
4 Beds
2 Baths
1,344 square feet
Listing courtesy of Next Chapter Home & Realty, Karla Trizzino-Smith
$123,129
$201 / sq ft
1 Bed
1 Bath
612 square feet
Listing courtesy of Real Broker, LLC, Lisa Granger
$159,900
$100 / sq ft
2 Beds
2 Baths
1,592 square feet
Listing courtesy of IXL Real Estate-Eastern Shore, Marty Harris