302 Michigan Avenue, Mobile, AL 36604
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302 Michigan Avenue, Mobile, AL 36604
302 Michigan Avenue, Mobile, AL 36604
302 Michigan Avenue, Mobile, AL 36604
302 Michigan Avenue, Mobile, AL 36604

$580,000

Est. payment /mo

$580,000

Est.Price: ?

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302 Michigan Avenue Mobile, AL 36604

10 Beds

10 Baths

3,544 SqFt

SOLD DATE : 10/09/2024

Key Details

Sold Price $580,000

Property Type Multi-Family

Sub Type Four To Ten Units

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

Style Multi Story

Bedrooms 10

Full Baths 10

Construction Status Resale

HOA Y/N No

Rental Info Yes

Year Built 1981

Property Sub-Type Four To Ten Units

Source Baldwin County

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 County

Zoning MultiFamily

Rooms

Dining Room EatInKitchen

Interior

Cooling Electric

Flooring Vinyl

Fireplaces Type No Fireplace

Fireplace No

Appliance Gas Range, Microwave, Dishwasher, Refrigerator

Exterior

Parking Features On Street

Fence Fenced

Pool None

Community Features More Than Two Pets Allowed

Utilities Available Water City, Sewage City, Alabama Power

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Composition Shingle

Building

Architectural Style Multi Story

Construction Status Resale

Schools

Elementary Schools Leinkauf Elementary

Middle Schools Calloway Smith Middle

High Schools Murphy High

Others

Financing Owner Financing

Special Listing Condition None

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Listed by Bellator Real Estate LLC Mobile
Bought with Wellhouse Real Estate, LLC

NEARBY SCHOOLS & BUSINESSES

Neil Bules

Neil Bules

Advisor License ID: 137910

+1(251) 223-0971

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