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302 Michigan Avenue, Mobile, AL 36604

call for price
  • 302 Michigan Avenue, Mobile, AL 36604 Main Photo

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Featured Listing Active
BEDS0 BATHS MLS#7716480
STATUSActive PROPERTY TYPEMulti Unit - Multiple 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. All measurements are approximate and not guaranteed, buyer to verify.

302 Michigan Avenue | MLS# 7716480

This multi-family property located at 302 Michigan Avenue, Mobile, AL 36604 is currently listed for sale by Bellator Real Estate LLC Mobile, with an asking price of call for price. Search Mobile real estate on mikehamm.gobellator.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Other
Heating: Other
Lot Size: 0.24 Acres
Roof Type: Composition
Stories: 2.0
Taxes: $928

Feature Descriptions

Accessibility: None
Community Features: None
Construction Materials: Asbestos, Brick, Wood Siding
Days on Site: 21
Exterior: Asbestos, Brick, Wood
Fencing: None
Flooring: Hardwood, Vinyl
Lot: Other
Lot Dimensions: 100x200
Parcel #: 2910223003057
Parcel#: 2910223003057
Parking: Parking Lot
Parking Notes: Parking Lot
Sewer: Public Sewer
Special View Info: Other
Units: 10
Utilities: Electricity Available, Natural Gas Available
Water: Public
Waterfront: None
Window: None

Local Schools

High School: Murphy
Middle School: Calloway Smith
Elementary School: Leinkauf

Listed By / Shown By

Listed By

Agency Name: Bellator Real Estate LLC Mobile

agent picture

Shown By

Agent Name: Mike Hamm
Agent Phone: (251) 214-8237

Estimate Your Payment

Estimated Payment

$ 77.33 per month $0.00 Principal & Interest $77.33 Property Tax $0.00 Homeowner's Insurance

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