302 Michigan Ave, Mobile, AL 36604

$580,000
10
BD
10
BA
3,544
SqFt

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Sold Price
$580,000
List Price
$580,000
Closing Date
Oct 09, 2024
MLS#
368146
Status
CLOSED
Type
Multifamily
Year Built
1981
City
Mobile
Subdivision
Mobile
Bedrooms
10
Bathrooms
10

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.

Additional Information

High School
Murphy High
Living Area
3,544
Cooling
Electric
Roof
Composition

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Calculator source: Real Geeks

Listing courtesy of Bellator Real Estate LLC Mobile. Selling Office: Wellhouse Real Estate, LLC.

© 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 .