Explore the best cash flow opportunity in Historic Mobile! Owner indicates this property generates $150,000 net income annually and has approximately 90% occupancy. 42 units of simply furnished single room boarding, efficiency apartments and apartment homes, easily housed in 5 adjacent buildings that share parking & fire/sprinklers. Central bathrooms accommodate boarding rooms on each floor, and efficiency and apartments offer private baths. Long term tenants in many rooms/apartments. Don't miss out on this opportunity to capitalize on this strong ROI!
Sold
$373,695
263 S Broad St, Mobile, AL 36603
0beds
0baths
5,149sqft
Apartment
Built in ----
-- sqft lot
$-- Zestimate®
$73/sqft
$-- HOA
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Heating
- Other
Appliances
- Included: Refrigerator
Features
- Flooring: Hardwood, Linoleum / Vinyl
Interior area
- Total interior livable area: 5,149 sqft
Property
Features
- Exterior features: Wood, Brick, Cement / Concrete
Lot
- Size: 0.48 Acres
Details
- Parcel number: R022906390003172001
Construction
Type & style
- Home type: Apartment
Materials
- Wood
- Roof: Composition
Community & neighborhood
Location
- Region: Mobile
Other
Other facts
- dining_rooms: 0
- living_rooms: 0
- fireplaces: 0
Services availability

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