203 Mohawk Street, Mobile, AL 36606
Dubroca Tract · Mobile - AL County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Year Built
1945
Lot Size
0.32 acres
Lot Dimensions
100x140x101x138
Parking Spaces
9
MLS® Listing#
7733339
Property Features
Cooling
Heating
Flooring
Parking
Fencing
Lot Features
Construction
Roof
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Leinkauf
- Middle:
- Booker T Washington
- High:
- Murphy
Financial Details
Annual Taxes
$1,613
Parcel Number
2907240006217
Affordability Calculator
$159,800
Estimated monthly payment
$4,253/mo
Principal $639,200 · Est. interest $891,741 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mobile, AL
- $283,850
- Median Listing Price
- 66
- Median Days on Market
- 1,861
- Median Sq Ft
- $149
- Median Price / Sq Ft
- 1,144
- Active Listings
- This home’s price is 181% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mobile, AL.
Location
- 203 Mohawk Street, Mobile, AL 36606
Points of Interest in Mobile, AL
Showing the Mobile area map.
Nearby Schools
Murphy High School
Secondary · 0.3 mi away
Little Flower Catholic School - Mobile, Alabama
School · 0.4 mi away
Toddlers Academy Beginners School
School · 0.7 mi away
Augusta Evans School
School · 0.9 mi away
Ums Wright Preparatory School
Secondary · 1.2 mi away
Williamson High School
Secondary · 1.2 mi away
George Hall Elementary School
Elementary · 1.3 mi away
Leinkauf Elementary School
Elementary · 1.3 mi away
McGill-Toolen Catholic High School
Secondary · 1.3 mi away
St Pius X School
School · 1.4 mi away
St Mary Catholic School
Secondary · 1.4 mi away
Revelation Christian School
School · 1.5 mi away
Leona B Warren Head Start
Elementary · 1.5 mi away
Westlawn Elementary School
Elementary · 1.6 mi away
Craighead Elementary School
Elementary · 1.6 mi away
Alabama School of Math and Science
Secondary · 1.6 mi away
Booker T. Washington Middle School
Secondary · 1.7 mi away
Public School System High School
Secondary · 1.7 mi away
Eanes Middle School
School · 1.7 mi away
Eichold-Mertz Magnet School of Math, Science and Technology
Elementary · 1.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 4242 Bit & Spur Road, Mobile, AL | $560,000 | 4 | 3 | 2,180 |
| 312 Springhill Woods Drive E, Mobile, AL | $566,000 | 5 | 4 | 2,826 |
| 10 Bienville Avenue, Mobile, AL | $575,000 | 5 | 3 | 3,873 |
| 4170 Spring Valley Drive N, Mobile, AL | $585,000 | 3 | 4 | 3,241 |
| 912 Church Street, Mobile, AL | $585,000 | 3 | 3 | 1,608 |
| 4199 Heron Lakes Drive, Mobile, AL | $589,000 | 4 | 4 | 3,309 |
Moving Cost Estimate
EXIT Agents in Mobile
Listing Courtesy: L L B & B, Inc. - 2513423200