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302 Michigan Avenue, Mobile, AL 36604

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For Sale

$649,900

0.24 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 0.2 acres
    Lot size

Explore this Property

Updated, ten unit apartment building. This property is located in Midtown Mobile in an up and coming area. The city has multiple improvement projects in this vicinity as it is a main thoroughfare into Midtown/Downtown and the new Brookley Airport. Interstate access is less then five minutes away as well. The building was renovated approximately three years ago, so the units have updated vinyl plank floors, painted cabinets, neutral paint and new lighting fixtures. This building was being used for short term rentals previously but is now vacant. The seller reserves the right to rent the apartments to long term tenants. This property has plenty of parking, and a perfect location to add a coin or card operated laundry room to increase profitability. This property won't last long so call to see it today.
MLS# 7458772

Courtesy Of Bellator Real Estate & Development

(251) 343-7777

Property Features

  • Amenities
    Dock
  • Architecture Style
    Other
  • Lot Size
    0.24 Acres

Map and Directions

Directions to 302 Michigan Avenue, Mobile, AL 36604

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Monthly Payment Breakdown

  • Principle and Interest
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  • Property Taxes
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  • Hazard Insurance
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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