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  • $195,000

    512 Williams St, Mobile, AL 36606

    --beds
    0baths
    --sqft
    : 
    Triplex, Residential Income
    Built in 1943
    -- sqft lot
    $131,200 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This income-generating gem features three rental units and delivers $2,195 in total monthly income from day one. The front house is a charming single-family home with recently refinished hardwood floors, neutral tones, and rent-ready condition—currently marketed at $1,095/month. Behind it, a fully occupied duplex provides steady rental income. One unit is leased at $595/month, while the other, occupied by a long-term tenant, is rented below market value at $500/month, offering potential for future rent increases.With long-term annual leases in place and professional management handling the details, this property is a hassle-free investment. Whether you're looking to expand your portfolio or secure your first rental property, this cash-flowing asset is a smart choice. Call or text today for more details!All measurements are approximate and not guaranteed, buyer to verify. Buyer to verify all information during due diligence.
    21 days
    on Zillow
    |
    226
    |
    20
    |

    Zillow last checked: 7 hours ago

    Listing updated: April 05, 2025 at 04:03am

    Listed by:

    Rameh Dickens Khazen 251-786-4673,

    Bellator Real Estate LLC

    Source: GCMLS,MLS#: 7554151MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 512 Williams St.

    Next available tour time:Today at 1pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Windows: None
    Video & virtual tour

    Property

    Parking
    • Total spaces: 3
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One
    • Fencing: None
    • Has view: Yes
    • View description: Other
    • Waterfront features: None
    Lot
    • Size: 0.26 Acres
    • Dimensions: 76 x 150 x 77 x 150
    Details
    • Parcel number: 2910282002069
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex, Residential Income
    Materials
    • Asbestos
    • Roof: Composition
    Condition
    • Year built: 1943

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Sewer Available, Water Available, Electricity Available
    Green energy
    • Energy efficient items: None

    Community & HOA

    Community
    • Features: None
    • Subdivision: Bon Air Estates
    Location
    • Region: Mobile

    Financial & listing details

    • Tax assessed value: $88,700
    • Annual tax amount: $1,126
    • Date on market: 4/4/2025
    • Electric utility on property: Yes
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