512 Williams Street new Save Request In-Person Tour Request Virtual Tour
Mobile,AL 36606
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Square Footage 982 sqft
Price per Sqft $198
Subdivision Bon Air Estates
MLS Listing ID 376974
Bedrooms 3
Full Baths 1
Construction Status Resale
Year Built 1943
Annual Tax Amount $1,126
Lot Size 0.260 Acres
Lot Dimensions 76 x 150 x 77 x 150
Property Sub-Type Triplex
Property Description
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.
Location
State AL
County Mobile
Area Mobile County
Zoning 2+ Family Residence
Interior
Interior Features Other Rooms (See Remarks)
Heating Electric
Flooring Wood
Fireplaces Type None
Fireplace No
Appliance Other
Exterior
Parking Features None
Community Features None
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Composition
Attached Garage false
Garage Yes
Building
Story 1
Foundation Pillar/Post/Pier
Sewer Public Sewer
Water Public
New Construction No
Construction Status Resale
Schools
Elementary Schools Leinkauf
Middle Schools Lillie B Williamson
High Schools Lillie B Williamson
Others
Pets Allowed More Than 2 Pets Allowed
Ownership Whole/Full