1551 Monterey Pl, Mobile, AL 36604

$490,000
6
BD
3
BA
2,945
SqFt
Sold Price
$490,000
List Price
$489,000
Closing Date
Jul 17, 2025
MLS#
379053
Status
CLOSED
Type
Multifamily
Year Built
1925
City
Mobile
Subdivision
Monterey Place
Bedrooms
6
Bathrooms
3

Property Description

Opportunity Knocks not one, not two, but three times with this stunning historic Midtown Mobile Triplex. Situated on one of the most alluring streets, Monterey Place, this charming craftsman home will leave you starstruck. All three units have undergone extensive renovations and boast updated finishes throughout. The main home consists of two separate units. Each unit in the main house is a two bedroom one bath with spacious living areas and ample natural light. The detached carriage house apartment is also a two bedroom one bath unit that is situated at the rear of the property. All three units are fully occupied with tenants at this time. When it comes to location, Midtown is the place to be. 1551 Monterey Place is conveniently located to downtown, schools, shopping, I-10, I-65, the downtown Mobile Airport, and everything in-between. Speculate on properties that "could" be a good investment, or invest in an established income producer with a proven track record that cannot be denied. The choice is yours. Buyer or buyer's agent to verify all pertinent information. Buyer to verify all information during due diligence.

Additional Information

Style
1 Story
High School
Murphy High
Living Area
2,945
Cooling
Electric
Heating
Central
Roof
Composition

Mortgage Calculator

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Listing courtesy of JPAR Gulf Coast - Orange Beach. Selling Office: Non Member Office.

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .