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About This Home
This 0-bedroom, 0-bathroom residential multi family at 203 Mohawk Street in Mobile, AL is listed for $799,000. Built in 1945, on a 0.32 acres lot.
Attention Investors!!! An excellent investment opportunity in the heart of Midtown! This 9-unit apartment complex offers a mix of 1- and 2-bedroom units, each with 1 bathroom, and is currently 100% occupied, providing immediate income for a new owner.
Monthly rents range from $600 to $800 per unit, offering strong and consistent cash flow potential. Each unit is equipped with window air-conditioning units and are all electric, with city water and city sewer service. All apartments include a stove and refrigerator (except for one unit where the refrigerator belongs to the tenant).
The property also offers on-site parking for residents. Located in a fantastic Midtown location, the property is convenient for dining, shopping, and entertainment, with easy access to major thoroughfares providing quick connectivity to all areas of Mobile. With strong occupancy, a desirable location, and steady rental history, this property presents a great opportunity for investors seeking a well-located income-producing asset.
Key Features
- Built in 1945
- 0.32 acre lot
- 2 stories
- 9 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
203 Mohawk Street
Mobile, AL 36606
Dubroca Tract
Property Details
Flooring
Construction
Views
Parking
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 203 Mohawk Street is listed at $799,000. The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 0.32 acre lot, 2 stories, 9 parking spaces.
This property is listed by Melissa Morrissette and can be reached at 2517094736 or mmorrissette@llbb.com.
