Price $950,000
Status Active
Beds 0
Baths 0 Bath
Home size n/a
Lot Size 20,600 sqft
Days on Market 21
Don't lose the opportunity to add this amazing, fully renovated and well-maintained Residential Income producing property to your portfolio. Five (5) units that pull SIX (6) separate rental incomes! Plus, an advertising-sign lease that pays out annually. This listing is for TWO (2) Residential Income producing properties, located on side-by-side parcels, being sold together. Address: 1070 Leroy Stevens Rd, is a Triplex. Parcel No.: 27 07 25 3 000 012.015; Lot Size: 194.39 x 116 x 162.86 x 93 / 0.45 Acres. Address: 1090 Leroy Stevens Rd, is a Duplex. Parcel No.: 27 07 25 3 000 012.007; Lot Size: 194.39 x 100 x 221.75 x 100 / .47 Acres. (Request our information sheet with a thorough, unit-by-unit breakdown of unit specific information.) 1070 TRIPLEX: each unit has 2 bedrooms / 2 full bathrooms; fully renovated. 1070C is set up as a Rent-A-Suite option and pulls TWO (2) separate rental incomes, for a total of 4 rental incomes for this building! 1090 DUPLEX: each unit has 1 bedroom / 1 full bathroom; fully renovated. CURRENT RENTAL RATE FOR FULLY FURNISHED UNITS (with utilities included): 1090B - $1600/mo, currently rented. 1090A - $1680/mo, listed; last lease ended 24 Oct 2024. 1070C Standard Suite with Shared Common Areas - $1200/mo. 1070C Expanded Luxury Suite with Shared Common Areas and Private Entry - $1250/mo. CURRENT RENTAL RATE FOR UNFURNISHED UNITS (with water included): 1070B - $1210/mo. (This family has been with us for 4 years and wishes to remain.) 1070A - $1200/mo. (Current property owner willing to continue renting this unit.) Walk-through videos are available for all units except 1070A.
Property Type(s): Multi Family
Last Updated 11/9/2024 Tract Metes & Bounds
Year Built 1988 County Mobile - AL

SCHOOLS

Elementary School O'Rourke
Jr. High School Bernice J Causey
High School Baker

Additional Details

AIR Central Air, Heat Pump
AIR CONDITIONING Yes
CONSTRUCTION Cement Siding, Other
HEAT Central, Forced Air, Heat Pump
LOT 0.4729 acre(s)
LOT DESCRIPTION Level
PARKING Driveway, Parking Lot, Paved
SEWER Septic Tank
STORIES 1
SUBDIVISION Metes & Bounds
TAXES 2104
UTILITIES Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
VIEW Yes
VIEW DESCRIPTION Rural
WATER Public

Location

 

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Listing provided by Alan Duncan with Better Homes & Gardens RE Platinum Properties

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