Mobile, AL 36606 266 Rickarby Street
$399,750


Presented By: LLB & B Inc.; PHONE: 251-342-3200
Home Details
Investor Alert!! Great investment opportunity in a convenient Midtown location! 266 Rickarby Street includes two separate 3-unit apartment buildings located at 264 and 266 Rickarby Street, situated just south of Government Street with easy access to major thoroughfares. The property features six fully occupied units, providing immediate rental income. The unit mix includes four 2-bedroom, 1-bath apartments and two 1-bedroom, 1-bath apartments. Each unit offers hardwood floors and window HVAC units for heating and cooling. The property is serviced by gas, electricity, city water, and city sewer. All apartments are currently leased, with rents ranging from $500 to $800 per month, and one unit participating in the Section 8 program. Located just off Government Street and close to the Loop, the property offers easy access to shopping, dining, and major routes throughout the city, and is just minutes from downtown Mobile. With two buildings, six fully leased units, and a strong rental location, this property presents a fantastic opportunity for investors seeking a stable, income-producing asset. *Year Built is Unknown. Buyer to verify all information during due diligence.
Presented By: LLB & B Inc.; PHONE: 251-342-3200
Interior Features for 266 Rickarby Street
Bedrooms
Total Bedrooms10
Bathrooms
Half Baths0
Total Baths6
Other Interior Features
LivingAreaSourceTax Records
Air Conditioning Y/NYes
Fireplace FeaturesNo Fireplace
Fireplace Y/NNo
FlooringWood, Vinyl
Furnished Y/NUnfurnished
Total Fireplaces
General for 266 Rickarby Street
AppliancesSmoke Detector
Architectural StyleMulti Story
Assoc Fee Paid PerMonthly
CityMobile
Community FeaturesNone
CoolingWindow Unit(s)
CountyMobile County
DirectionsOn Airport Blvd heading towards midtown. Turn right onto Little Flower Ave. Turn left onto Government St. Turn right onto Rickarby St.
Elementary SchoolLeinkauf Elementary
Full Baths6
HOANo
HOA Fee$
High SchoolLillie B. Williamson High
Home Warranty Y/NNo
MLS AreaMobile County
Middle/Junior High SchoolLillie B. Williamson Middle
Pool FeaturesNone
PossessionAt Closing
Property SubtypeFour To Ten Units
Property TypeResidential Income
RoofComposition Shingle
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameLee Place
Tax Annual Amount0
UtilitiesNatural Gas Available, Water City, Sewage City, Alabama Power, MoreThanOneWaterMeter
ViewNone/Not Applicable
Waterfront FeaturesNo Waterfront
Year Built1981
Exterior for 266 Rickarby Street
Lot FeaturesOther/See Remarks
Lot Size Acres0.3398
Number of Lots2
Parking FeaturesOn Street
Additional Details
Price History
Sam Winter
Real Estate Agent
SQFT • 3,576