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302 Michigan Avenue Mobile, AL 36604
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Key Details
Sold Price $580,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,544 sqft
Price per Sqft $163
Subdivision Mobile
MLS Listing ID 368146
Sold Date 10/09/24
Bedrooms 10
Full Baths 10
Construction Status Resale
Year Built 1981
Annual Tax Amount $877
Lot Size 0.459 Acres
Lot Dimensions 100 x 200
Property Description
Updated, ten unit apartment building. This property is located in Midtown Mobile in an up and coming area. The city has multiple improvement projects in this vicinity as it is a main thoroughfare into Midtown/Downtown and the new Brookley Airport. Interstate access is less then five minutes away as well.The building was renovated approximately three years ago, so the units have updated vinyl plank floors, painted cabinets, neutral paint and new lighting fixtures.This building was being used for short term rentals previously but is now vacant. The seller reserves the right to rent the apartments to long term tenants. This property has plenty of parking, and a perfect location to add a coin or card operated laundry room to increase profitability.This property won't last long so call to see it today. Buyer to verify all information during due diligence.
Location
State AL
County Mobile
Area Mobile County
Zoning 2+ Family Residence
Interior
Interior Features Eat-in Kitchen
Cooling Central Electric (Cool), Ceiling Fan(s)
Flooring Vinyl
Fireplaces Type None
Fireplace Yes
Appliance Dishwasher, Microwave, Gas Range, Refrigerator
Exterior
Garage On Street
Fence Fenced
Community Features None
Waterfront No
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Composition
Parking Type On Street
Garage No
Building
Foundation Pilings
Sewer Public Sewer
Water Public
New Construction No
Construction Status Resale
Schools
Elementary Schools Leinkauf
Middle Schools Calloway Smith
High Schools Murphy
Others
Pets Allowed More Than 2 Pets Allowed
Ownership Whole/Full
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Bought with Wellhouse Real Estate, LLC