Oh, what a deal in historic Midtown Mobile! Imagine: living rent-free while building equity! This fantastic opportunity in a beautiful 4-unit Midtown property allows you to live in one unit while using the rental income from the other three units to help cover your mortgage, maintenance costs, and maybe even save for your next investment. Exterior painted 11/2024. Roof on main house 3 years old. Roof on garage apartment 1 year old. A&B: Hardwood flooring, ceramic tile baths, and new kitchen flooring in each. Separate entrances, 2 bedrooms/1 bath, spacious living and dining rooms, eat-in kitchen tall ceilings, open or screened porches and an abundance of sunlight for units A&B. COTTAGE: The cozy detached cottage has 1 bedroom, 1 bathroom, spacious living/dining combo, an eat-in kitchen, and inside storage room. GARAGE APARTMENT: Separate garage apartment has a living room, an eat-in kitchen, walk-in storage room, 2 bedrooms, and 1 bath. Each unit is responsible for its own utilities. Parking options are available both covered and open. The property offers charm and character with arched doorways, fireplaces, beautiful majestic oaks, porches, and a shared courtyard. Located close to Downtown, dining, shopping, entertainment, Airbus / Austal, and more! This one is definitely a must-see!
Income-Producing DUPLEX (w/TRIPLEX possibilities) in Prime Midtown Mobile Location: Located at the corner of Homewood and Crenshaw, this property offers an exceptional opportunity for long-term investment gains. Featuring two mirrored units (A & B) in the main house, and a newly constructed garage with space above (Unit C capabilities) at the rear, this property is perfect for investors looking to capitalize on a thriving rental market. Units A and B are galley-style, each with a shared front porch for a charming appeal, and a newly built back deck for added outdoor space. One unit (B) is currently rented, providing immediate cash flow. The garage is a newly completed one-car garage with an added storage garage, and has an upstairs area that offers future potential income possibilities. Additional features include: New Roof installed in 2020 (per previous owner). Owner's Garage with extra space currently used for maintenance equipment storage. This property is nestled in a popular Midtown area, with strong rental demand and easy access to local amenities. Whether you're looking to expand your portfolio or secure a stable investment, this duplex offers the potential for long-term growth and consistent returns. NOTE: It is requested that a pre-approval letter from a lender, or a proof of funds letter from buyer's banking institute, to be submitted with all offers. Offers without a pre-approval letter or proof of funds verification will not be considered until such information is provided. If you need lender referrals, please contact your real estate agent or other real estate professional for assistance. All updates listed are per the seller. Listing company makes no representation as to accuracy of square footage, or the age of appliances, roof, and/or HVAC systems, permitting, zoning, etc. Buyer and buyer's agent are to verify all information deemed important to the buyer, including, but not limited to: square footage, utility services, insurance, school districts, transportation services, etc.
Must see duplex in the heart of Midtown! Each unit features 2 bedrooms and 1 bathroom with original hardwood floors, mantels, plaster walls, and high ceilings. Spacious layout with screened porches which are ideal to relax and enjoy the view. Large walk in closet off living room for additional storage. These units have amazing potential with them being located in a great location in Midtown. You must see in person to see what all it has to offer.
Welcome to 2857 Potter Dr. in Mobile, AL! This property presents a fantastic investment opportunity ideally situated near all that Mobile has to offer. Positioned directly across from a picturesque public park and conveniently close to the interstate, mall, Top Golf, Surge, and abundant shopping options. This home boasts a durable metal roof and newer laminate flooring throughout. The kitchen has been tastefully updated with white cabinets and granite countertops. All three bedrooms are generously sized. Currently, a long-term tenant is in place, paying $996 monthly with a lease valid until 03/31/25. The home features a rear deck, and the spacious yard is partially fenced. The property is being sold As-Is. Cash or conventional loan offers only. Buyers and Buyer's Agents to verify all home details. Sold As-Is without warranties, expressed or implied. Contact your Favorite Realtor today to schedule a showing!
The median home value in Mobile, AL is $176,000. This is higher than the county median home value of $169,700. The national median home value is $338,100. The average price of homes sold in Mobile, AL is $176,000. Approximately 43.43% of Mobile homes are owned, compared to 41.68% rented, while 14.89% are vacant. Mobile real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mobile real estate agent to arrange a tour today!
Mobile, Alabama 36606 has a population of 187,445. Mobile 36606 is less family-centric than the surrounding county with 19.19% of the households containing married families with children. The county average for households married with children is 27.7%.
The median household income in Mobile, Alabama 36606 is $44,780. The median household income for the surrounding county is $51,169 compared to the national median of $69,021. The median age of people living in Mobile 36606 is 37.8 years.
The average high temperature in July is 90.6 degrees, with an average low temperature in January of 39.7 degrees. The average rainfall is approximately 66.4 inches per year, with 0.1 inches of snow per year.