Great Commercial/Rental Opportunity!
Multi-Family
for Sale
| Catylist Listing ID: |
30482543 |
| Property Subtypes: |
Duplex/Fourplex
|
| Number of Units: |
3 Units |
| Building Size (RSF): |
3,679 SF |
| Gross Building Area: |
See Agent |
| Sale Price: |
$290,000 |
| Unit Price: |
$96,666.67 Per Unit |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/2/2024 |
Overview / Comments
|
Calling all Investors! Great Commercial/Rental opportunity! 3 rental properties on 2.63 acres. Great opportunity to build more units and increase income! Homes currently have tenants. Monthly revenue of $2,700. Homes are located off Dead Lake Rd. in Creola. Location is minutes from Hwy 43 Industrial and back to Mobile. Minutes from North Mobile Marina. all measurements are approximate and not guaranteed!
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Additional Details
| Nearest MSA: |
Mobile |
| County: |
Mobile |
| Taxing Authority: |
Mobile County |
| Tax ID/APN: |
R021901010000083. |
| Zoning: |
B2 |
| Percent Occupied: |
100% |
| Property Located Between: |
Highway 43 and I-65 |
| Highway Access: |
Highway 43 |
| Airports: |
Mobile Regional / Mobile Downtown |
| Site Description: |
Multi Family Dwellings |
| Area Description: |
Multi Family Dwellings Area |
| Total Number of Buildings: |
3 |
| Property Condition: |
Fair |
| Number of Stories: |
1 |
| Year Built: |
1985 |
| Construction/Siding: |
Wood Siding |
| Parking Type: |
Surface |
| Sprinklers: |
None |
| Heat Type: |
Electricity |
| Heat Source: |
Wall Units |
| Air Conditioning: |
Window Unit |
| Internet Access: |
Cable, DSL |
| Zoning Description: |
B2 Light Commercial |
| Lot Frontage: |
177 |
| Lot Depth: |
559 |
| Water Service: |
Municipal |
| Sewer Type: |
Septic |
| Land Ownership: |
Fee simple |
| Legal Description: |
BEG AT SE COR OF SW 1/4 OF SW 1/4 OF SE 1/4 OF SEC 1 T2S R1W TH RUN S 89 DEG 08 MIN W ALG S/L SAID SEC 1 DIS OF 87.50 FT TH N 00 DEG 18 MIN W DIS OF 98.90 FT TO PT ON N R/W OF AXIS-CREOLA LOOP RD & POB OF PPTY HEREIN DESC TH RUN W ALG SAID N R/W DIS OF 87.52 FT TH RUN N 00 DEG 18 MIN W DIS OF 559.60 FT TH RUN N 89 DEG 08 MIN E DIS OF 87.50 FT TH S 00 DEG 18 MIN E DIS OF 561.10 FT TO POB CONTG 1.12 ACS M/L ALSO BEG AT SE COR OF SW 1/4 OF SW 1/4 OF SE 1/4 OF SEC 1 T2S R1W TH RUN W ALG S/L SAID SEC |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
2,795 |
15,813 |
| Median Age: |
44.15 |
40.01 |
| Households: |
1,041 |
5,856 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Gulf Coast CMLS nor
Moody's assume any liability for errors or omissions.
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