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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1561 Illinois Street in Mobile, AL is listed for $183,200. on a 0.60 acres lot.
Located in a well-established residential corridor just minutes from downtown Mobile, 1561 Illinois Street presents an excellent opportunity for investors seeking both immediate rental income and long-term appreciation. This property benefits from convenient access to major employment centers, transportation routes, shopping, dining, and the thriving downtown waterfront.
The home is positioned in an area experiencing continued growth and revitalization, making it attractive to both tenants and future buyers. Its strategic location supports consistent rental demand and offers investors flexibility for long-term hold, renovation and repositioning, or portfolio expansion. Whether you're a seasoned investor or expanding your real estate holdings, this property offers strong fundamentals, desirable location, and excellent upside potential.
Key Features
- 0.60 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$980/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1561 Illinois Street
Mobile, AL 36604
Glendale Park
Property Details
Flooring
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1561 Illinois Street is listed at $183,200. The estimated monthly payment is $794 based on 20% down at 6.5% interest.
Key features include: 0.60 acre lot, 2 stories, 4 parking spaces.
This property is listed by Cabretta Howell and can be reached at 2515135076 or cabrettahowell72@yahoo.com.
