207 Michigan Avenue, Mobile, AL 36604
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
207 Michigan Avenue,Mobile, AL 36604
$475,000
- 6 Beds
- 3 Baths
- 5,911 sq. ft.
- Multi-family
- Active
Listed by: rameh khazenCELL: 251-786-4673
Office: bellator real estate llc. mobil
MLS#:394407
Source:AL_BCAR
Price summary
- Price:$475,000
- Price per sq. ft.:$80.36
About this home
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 so perfect 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....
Contact an agent
Home facts
- Year built:1977
- Listing ID #:394407
- Added:1 day(s) ago
- Updated:April 01, 2026 at 07:53 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Tile, Wood
- Kitchen Description:Eat-in Kitchen
- Living area:5,911 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Year built:1977
- Building area:5,911 sq. ft.
- Lot area:0.13 Acres
- Foundation Description:Pillar/Post/Pier
- Levels:2 Story
Schools
- High school:Murphy
- Middle school:Calloway Smith
- Elementary school:Leinkauf
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$475,000
- Price per sq. ft.:$80.36
- Tax amount:$3,053
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