$378,000
$399,000
5.3%For more information regarding the value of a property, please contact us for a free consultation.
6 Beds
4 Baths
4,382 SqFt
SOLD DATE : 07/05/2023
Key Details
Sold Price $378,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,382 sqft
Price per Sqft $86
Subdivision Midtown
MLS Listing ID 344415
Sold Date 07/05/23
Bedrooms 6
Full Baths 4
Construction Status Resale
Year Built 1919
Annual Tax Amount $2,641
Property Description
Great opportunity to have tenants help pay your mortgage! Or perfect for Airbnb or traveling nurse options. Lovely old circa 1919 Midtown Historic District home has the potential to have at least 6 bedrooms, 4 full bathrooms if returned back to single family. There are a total of 4 apartments and all are currently rented on a month to month basis. Great location near Publix, Taco Mama (0.9 miles), Nixon's and The Dew Drop (0.7 miles), and Soul Caffeine coffeehouse (0.6 miles). 2.6 miles to Bel Air Mall and 2.2 miles to Downtown Mobile. Sellers have replaced roof in 2022, rewired completely apartment 4, painted the exterior in 2021, Back stairs and dormer in 2023, fresh wall paint in all apartments, foundation work was done by Williams Foundation in 2021, as well as visqueen thick moisture barrier on the ground under the house, and also tore down a poorly-built back building. Hard to get repair termite bond with Havard can be transferred! Apartments feature 3 new fridges and 4 new stoves. Originally, this home was built for the treasurer of the Whitney-Bodden Shipping Company. Interior staircase is still intact and it once over-looked 3 large entertaining rooms with Arts and Crafts style mantles. There are 7 fireplace mantels throughout. It appears the front porches were enclosed in the 1940s as well as the kitchens probably originally were back porches that were all enclosed. Quiet tenants are month to month leases; they pay their own power and gas. Luxury vinyl plank flooring was put down in the kitchens and 1 bathroom. The other 3 bathrooms feature original white octagonal tile. Beautiful hardwoods throughout elsewhere. First floor (2,300 square feet) : Apartment 1 is the largest and will rent for $850 a month. It features 2 bedrooms and a washer/dryer.
Location
State AL
County Mobile
Area Other Area
Zoning 2+ Family Residence,Within Corp Limits
Interior
Interior Features Eat-in Kitchen, Bonus Room, Family Room, Entrance Foyer, Attached Sep Living Suite, Living Room, Other Rooms (See Remarks), High Ceilings, Internet
Heating Wall Furnace
Cooling Window Unit(s)
Flooring Tile, Wood, Other Floors-See Remarks
Fireplaces Number 7
Fireplaces Type Den, Family Room, Living Room, Master Bedroom, See Remarks, Inoperable
Fireplace Yes
Appliance Dryer, Electric Range, Refrigerator, Washer
Exterior
Exterior Feature Termite Contract
Parking Features See Remarks, Three or More Vehicles
Community Features None
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Composition,Ridge Vent
Garage Yes
Building
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
New Construction No
Construction Status Resale
Schools
Elementary Schools Not Baldwin County
High Schools Not Baldwin County
Others
Ownership Whole/Full
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