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207 Michigan Avenue

Mobile AL 36604

6
3
5911 sq. ft.
5662.8 sq. ft.
Multi-Family
Currently for sale - view listing

Overview

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 great 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. Buyer to verify all information during due diligence.

Features

6 bedrooms
3 bathrooms
5911 sq. ft. floor area
5662.8 sq. ft. lot size
Multi-Family

Property history for 207 Michigan Avenue

2022
Sold
Undisclosed
26 Jul 2022

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Local market activity for 6 bedroom multi families in Mobile

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