$600,000

Multifamiliare Su Dispositivi Mobili

  • 6 Camere
  • 6 Bagni
  • 2,666 Sqft
  • Aggiornato: Agosto 10
  • Fonte:
    Baldwin REALTORS  MLS#392935

Informazioni sulla proprietà

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Renovated six-unit, high-income producing apartment building offering a strong and diversified income stream. The property consists of four fully furnished short-term rental units and two long-term rentals, creating an attractive blend of stable tenancy and higher-yield short-term rental income. The short-term units are professionally furnished with updated furniture, bedding, and supplies and are
Renovated six-unit, high-income producing apartment building offering a strong and diversified income stream. The property consists of four fully furnished short-term rental units and two long-term rentals, creating an attractive blend of stable tenancy and higher-yield short-term rental income. The short-term units are professionally furnished with updated furniture, bedding, and supplies and are currently operating at near full occupancy, while the two long-term units are leased to reliable tenants providing consistent baseline income. The property also features a coin-operated laundry facility that provides additional income. The building is professionally managed and has been a strong performer, generating average gross rents of over $7,000 per month. Significant capital improvements were completed in 2024, including new roofs, updated electrical systems, and updated plumbing. Nearly all units also received new flooring or refinished hardwood floors, along with new appliances, new PTAC-style HVAC units, and updated water heaters. With most major systems and interior improvements already addressed, the property has been stabilized and positioned for continued strong performance with minimal deferred maintenance. The surrounding area continues to see substantial growth and investment. With the relocation of the Mobile International Airport, the area is experiencing increased development, job creation, and infrastructure improvements, which are expected to further drive housing demand and long-term property values. This is a rare opportunity to acquire a stabilized, income-producing multifamily asset with strong current cash flow and additional upside potential in a rapidly improving area. All measurements are approximate and not guaranteed, buyer to verify. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. Year built is unknown. This
  • Tipo di proprietà

    Altro

  • Piani

    2

  • Anno di costruzione

    1984

  • Prezzo/piede²

    $225

Caratteristiche

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1300 Illinois Street, Mobile, Alabama, Stati Uniti Visualizza su Google Maps
Prezzo per sqft
Basso
Alto

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Bellator Real Estate LLC Mobile - Mobile

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Pubblicato da

Bellator Real Estate LLC Mobile - Mobile
Alabama, United States
Visualizza profilo agenzia
4
Annunci
2026
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Bellator Real Estate LLC Mobile - Mobile
Mobile, Alabama, United States
Visualizza profilo agenzia
Ultimo aggiornamento
Agosto 10
Prima pubblicazione
Mar 6
Riferimento annuncio
392935
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