Mobile, AL 36606 203 Mohawk Street
$799,000
Presented By: L L B & B, Inc.; PHONE: 251-342-3200
Home Details
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.
Presented By: L L B & B, Inc.; PHONE: 251-342-3200
Additional Details
Price History
Schools
Elementary School
Leinkauf Elementary School
Middle School
Booker T Washington Middle School
Sam Winter
Real Estate Agent
SQFT • 5,910