Bought with Christian Creed • Mobile Bay Real Estate, LLC
$1,812,500
$1,999,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
1.3 Acres Lot
SOLD DATE : 07/11/2024
Key Details
Sold Price $1,812,500
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Subdivision Metes & Bounds
MLS Listing ID 7389357
Sold Date 07/11/24
Year Built 1975
Annual Tax Amount $11,847
Tax Year 11847
Lot Size 1.300 Acres
Property Description
Fully occupied 32 unit apartment complex consists of 4 buildings eight units each with an income producing coin laundry. Recent updates include new roofs in last year and interior refresh with tile entry laminate living space and carpet in bedroom. 1 bedroom 1 bath units with walk in closets and open living and kitchen. Walk to the park. Below market rents currently 600-700. Great income potential!
Location
State AL
County Mobile - Al
Direction Springhill avenue to Stanton road. Property on the corner of Stanton and Pleasant Ave.
Interior
Heating Central
Cooling Ceiling Fan(s), Central Air
Flooring Carpet, Ceramic Tile, Laminate
Exterior
Fence None
Community Features None
Utilities Available Electricity Available, Sewer Available, Underground Utilities, Water Available
Waterfront false
Waterfront Description None
View Y/N true
View Other
Roof Type Shingle
Parking Type Parking Lot, Paved
Total Parking Spaces 1
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Level or Stories Two
Schools
Elementary Schools Holloway
Middle Schools Booker T Washington
High Schools John L Leflore
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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