Mobile, AL 36604 207 Michigan Avenue
$475,000



25 more

























Presented By: Bellator Real Estate LLC Mobile
Home Details
Six unit apartment building currently generating over $5,500 per month in gross rent. This building is composed of five long term rental units, and one short term rental unit. Building has been partially renovated with room to update some units and increase rents. This building is located on Michigan Avenue, which will be the corridor to both the interstate for Midtown and the route to the new Mobile International Airport. Currently under professional management so perfect for out of town buyers. This building will generate income from closing day forward. Just a few of the updates done over the last few years include three updated mini split air conditioners, main panel upgrade in 2022, and a partial replumb including sewer lines. This included the majority of plumbing fixtures as well. An exterior paint job and landscaping was also done approx 2023. Building is comprised of four, one bed, one bath units, and two studios. Call for more information today.
Presented By: Bellator Real Estate LLC Mobile
Interior Features for 207 Michigan Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramic Tile, Hardwood
Heating Y/NYes
Window FeaturesNone
General for 207 Michigan Avenue
AccessibilityNone
CityMobile
Community FeaturesSidewalks
Construction MaterialsFrame
CoolingCeiling Fan(s), Central Air, Window Unit(s)
CountyMobile - AL
Elementary SchoolLeinkauf
Energy EfficientNone
HeatingCentral, Electric, Natural Gas
High SchoolMurphy
LevelsTwo
Lot Size Square Feet5911.092
Lot Size UnitsSquare Feet
Middle/Junior High SchoolCalloway Smith
Net Operating Income49019
Number Of Units Total6
Occupancy TypeVacant
Property TypeResidential Income
RoofShingle, Slate
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameGlendale Park
Tax Annual Amount3136
TopographyLevel
UtilitiesSewer Available, Water Available, Other
ViewCity
Waterfront FeaturesNone
Year Built1977
Exterior for 207 Michigan Avenue
FencingBack Yard, Fenced
Lot Dimensions50x120
Lot FeaturesLevel
Lot Size Acres0.1357
Lot Size Area5911.092
Parking FeaturesDriveway, Parking Lot
Total Parking6
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Schools
Middle School
Calloway Smith Middle School
Elementary School
Leinkauf Elementary School
Sam Winter
Real Estate Agent
