MikeHamm
BEDS10
BATHS10 full
SQUARE FEET3,544
MLS#391577
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONGlendale Park
Property Description
Updated and stabilized, ten unit apartment complex in Midtown Mobile! Updated roof, fresh interior and new lighting. All with neutral colored paint, and vinyl plank floors. The kitchens are updated with white cabinets and countertops. Seven units are studio apartments, two units are two bedrooms, and one unit is a three bedroom. Out of the ten units, eight are currently long term tenants with one year leases, two units are being utilized as short term rentals. The short term rental units are generating approx $1200 per month, per unit. The rents on the long term units vary by unit. Rent rolls available by request. Property is near full occupancy and generates around $8500 gross per month on average. This area has seen great improvement and has excellent future appreciation potential. Located less than half a mile from Downtown Mobile, close to interstate access and not far from Mardi Gras parade routes. Roofs, plumbing, and electrical updates are approximately 8 years old. Call for more information. The year built is UNKNOWN. All improvements per seller. Buyer to verify all information during due diligence.
Property Features
Property Type: Residential - Single Family
Cooling: Central Electric (Cool), Ceiling Fan(s)
Lot Size: 0.46 Acres
Property Type: More than 4 units
Stories: 2.0
Amenities
Other Rooms (See Remarks)
Ceiling Fan(s)
Feature Descriptions
Appliances: Dishwasher, Microwave, Gas Range, Refrigerator
Community Features: None
Construction Materials: Asbestos, Brick, Wood Siding, Wood Frame
Days on Site: 21
Dining Room: See Remarks
Exterior: Asbestos, Brick, Wood
Fireplace: None
Flooring: Vinyl
Foundation: Pilings
Lot: Less than 1 acre
Lot Dimensions: 0.46 acre(s)
Master Bedroom: Other - See Remarks
Sewer: Public Sewer
Water: Public
Zoning: 2+ Family Residence
Local Schools
High School: Murphy
Middle School: Calloway Smith
Elementary School: Leinkauf
Listed By / Shown By
Listed By
Agency Name: Bellator Real Estate LLC Mobil
Shown By
Agent Name: Mike Hamm
Agent Phone: (251) 214-8237
Estimate Your Payment
Estimated Payment
$ 3,637.97 per month $3,429.43 Principal & Interest $0.00 Property Tax (data not provided by mls) $208.54 Homeowner's InsuranceChange Payment Information
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302 Michigan Avenue | MLS# 391577
This single family home located at 302 Michigan Avenue, Mobile, AL 36604 is currently listed for sale by Bellator Real Estate LLC Mobil, with an asking price of $715,000. This property has 10 bedrooms and 10 full baths with 3544 sq. ft. Michigan Avenue is located in the Glendale Park subdivision. Search Glendale Park real estate on mikehamm.gobellator.com today.