This income-generating gem features three rental units and delivers $2,195 in total monthly income from day one. The front house is a charming single-family home with recently refinished hardwood floors, neutral tones, and rent-ready condition"”currently marketed at $1,095/month. Behind it, a fully occupied duplex provides steady rental income. One unit is leased at $595/month, while the other, occupied by a long-term tenant, is rented below market value at $500/month, offering potential for future rent increases.With long-term annual leases in place and professional management handling the details, this property is a hassle-free investment. Whether you're looking to expand your portfolio or secure your first rental property, this cash-flowing asset is a smart choice. Call or text today for more details!All measurements are approximate and not guaranteed, buyer to verify. Buyer to verify all information during due diligence.
Property Type(s):
Multi Family
Last Updated
|
4/4/2025
|
Tract
|
Bon Air Estates
|
Year Built
|
1943
|
County
|
Mobile - AL
|
SCHOOLS
Elementary School |
Leinkauf |
Jr. High School |
Lillie B Williamson |
High School |
Lillie B Williamson |
Additional Details
AIR |
Central Air, Electric |
AIR CONDITIONING |
Yes |
CONSTRUCTION |
Asbestos |
HEAT |
Central |
LOT |
0.26 acre(s) |
LOT DESCRIPTION |
Level |
LOT DIMENSIONS |
76x150x77x150 |
PARKING |
On Street |
SEWER |
Public Sewer |
STORIES |
1 |
SUBDIVISION |
Bon Air Estates |
TAXES |
1126 |
UTILITIES |
Sewer Available, Water Available, Electricity Available |
VIEW |
Yes |
VIEW DESCRIPTION |
Other |
WATER |
Public |
Location
Listing provided by Rameh Dickens Khazen with Bellator Real Estate LLC
All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of the Gulf Coast Multiple Listing Service, Inc. IDX/RETSreal estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer’s personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2003 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
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