1300 Illinois Street, Mobile, AL 36604

Mobile
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
1300 Illinois Street,Mobile, AL 36604
$600,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: rameh dickens khazen
Office: bellator real estate llc. mobile
MLS#:7730097
Source:AL_MAAR

Price summary

  • Price:$600,000

About this home

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,

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Home facts

  • Listing ID #:7730097
  • Added:1 day(s) ago
  • Updated:March 07, 2026 at 03:19 PM

Rooms and interior

  • Flooring:Hardwood

Structure and exterior

  • Roof:Shingle
  • Lot area:0.17 Acres
  • Lot Features:Level
  • Levels:2 Story

Schools

  • High school:Lillie B Williamson
  • Middle school:Calloway Smith
  • Elementary school:Leinkauf

Utilities

  • Water:Available, Public
  • Sewer:Available, Public Sewer

Finances and disclosures

  • Price:$600,000
  • Tax amount:$1,664

Features and amenities

  • Amenities:Electricity Available

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