251-543-1370

203 Mohawk Street

MLS#: 393811
Address: 203 Mohawk Street
City / Zip:Mobile, AL 36606
Type: Residential Income

0.3202

Acreage

13

Bedrooms

Area

Overview

Attention Investors!!! An excellent investment opportunity in the heart of Midtown! This 9-unit apartment complex offers a mix of 1- and 2-bedroom units, each with 1 bathroom, and is currently 100% occupied, providing immediate income for a new owner. Monthly rents range from $600 to $800 per unit, offering strong and consistent cash flow potential. Each unit is equipped with window air-conditioning units and are all electric, with city water and city sewer service. All apartments include a stove and refrigerator (except for one unit where the refrigerator belongs to the tenant). The property also offers on-site parking for residents. Located in a fantastic Midtown location, the property is convenient for dining, shopping, and entertainment, with easy access to major thoroughfares providing quick connectivity to all areas of Mobile. With strong occupancy, a desirable location, and steady rental history, this property presents a great opportunity for investors seeking a well-located income-producing asset. Buyer to verify all information during due diligence.

Amenities

    Property Amenities

    • Interior Features

      • Refrigerator
      • Electric Range
      • Smoke Detector
    • Flooring

      • Wood
      • Carpet
      • Laminate
    • Cooling

      • Window Unit(s)
    • Sewer

      • City
    • Fireplace

      • 0
    • Roof

      • Composition Shingle
    • Exterior Features

      • City
      • Water City
      • Sewage City
      • Alabama Power
      • MoreThanOneWaterMeter
    • Parking

      • Three Or More Vehicles
    • Exterior Finish

      • Wood
      • Stucco