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Stacey Gibbs

[email protected] +1(251) 709-3944

$ 195,000

Est. payment -/mo

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512 Williams Street Mobile, AL 36606

3 Beds

1 Bath

982 SqFt

UPDATED:

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

Listed by Bellator Real Estate LLC Mobil

Stacey Gibbs

Advisor

+1(251) 709-3944

Stacey Gibbs

512 Williams Street Mobile, AL 36606

Key Details

Location

Interior

Exterior

Building

Schools

Others

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512 Williams Street