207 Michigan Avenue, Mobile, AL 36604
Glendale Park · Mobile - AL County
Key Facts
Description
Six unit apartment building currently generating over $5,500 per month in gross rent. This building is composed of five long term rental units, and one short term rental unit. Building has been partially renovated with room to update some units and increase rents. This building is located on Michigan Avenue, which will be the corridor to both the interstate for Midtown and the route to the new Mobile International Airport. Currently under professional management so perfect for out of town buyers. This building will generate income from closing day forward. Just a few of the updates done over the last few years include three updated mini split air conditioners, main panel upgrade in 2022, and a partial replumb including sewer lines. This included the majority of plumbing fixtures as well. An exterior paint job and landscaping was also done approx 2023. Building is comprised of four, one bed, one bath units, and two studios. Call for more information today.
Property Information
Property Type
Residential Income
Year Built
1977
Lot Size
0.14 acres
Lot Dimensions
50x120
Parking Spaces
6
Days on Market
125
MLS® Listing#
7735622
Property Features
Cooling
Heating
Flooring
Parking
Fencing
Lot Features
Construction
Roof
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Leinkauf
- Middle:
- Calloway Smith
- High:
- Murphy
Financial Details
Annual Taxes
$3,136
Parcel Number
2910223003028
Affordability Calculator
$87,000
Estimated monthly payment
$2,315/mo
Principal $348,000 · Est. interest $485,491 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mobile, AL
- $282,886
- Median Listing Price
- 67
- Median Days on Market
- 1,861
- Median Sq Ft
- $149
- Median Price / Sq Ft
- 1,114
- Active Listings
- This home’s price is 54% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mobile, AL.
Location
Points of Interest in Mobile, AL
Showing the Mobile area map.
Nearby Schools
Leinkauf Elementary School
Elementary · 0.1 mi away
Alabama School of Math and Science
Secondary · 0.5 mi away
LWCC Kingdom Academy
School · 0.6 mi away
Alabama Institute-Deaf & Blind
School · 0.6 mi away
McGill-Toolen Catholic High School
Secondary · 0.7 mi away
St Mary Catholic School
Secondary · 0.8 mi away
Williamson High School
Secondary · 0.8 mi away
Craighead Elementary School
Elementary · 0.9 mi away
George Hall Elementary School
Elementary · 1.1 mi away
Council Traditional School
Elementary · 1.2 mi away
Murphy High School
Secondary · 1.2 mi away
Florence Howard Elementary School
Elementary · 1.3 mi away
Dunbar Middle School
Secondary · 1.3 mi away
Most Pure Heart of Mary School
School · 1.4 mi away
Little Flower Catholic School - Mobile, Alabama
School · 1.4 mi away
Revelation Christian School
School · 1.6 mi away
Calloway-Smith Middle School
Secondary · 1.6 mi away
Public School System High School
Secondary · 1.8 mi away
Booker T. Washington Middle School
Secondary · 1.9 mi away
Bessie C Fonvielle Elementary School
Elementary · 1.9 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 |
|---|---|---|---|---|
| 10543 Lowell Street W, Mobile, AL | $304,900 | 4 | 2 | 1,791 |
| 10543 Hopewell Loop, Mobile, AL | $304,900 | 4 | 2 | 1,791 |
| 10560 Lowell Street W, Mobile, AL | $304,900 | 4 | 2 | 1,791 |
| 10541 S Heirloom Road, Mobile, AL | $305,000 | 4 | 2 | 1,835 |
| 10541 Heirloom Road, Mobile, AL | $305,000 | 4 | 2 | 1,835 |
| 1104 Relic Road W, Mobile, AL | $305,900 | 3 | 2 | 1,706 |
Moving Cost Estimate
EXIT Agents in Mobile
Listing Courtesy: Bellator Real Estate LLC Mobile - PHONE