Historic Shotgun in Downtown Mobile

Hospitality for Sale
Catylist Listing ID: 30863729
Property Subtypes: Vacation Rental(s)
Number of Units: 1 Units
Building Size (RSF): See Agent
Gross Building Area: See Agent
Sale Price: $495,000
Unit Price: $495,000 Per Unit
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/31/2024

Overview / Comments

Awesome deal in the heart of downtown! Adorable historic shotgun is being sold with adjacent lot, 605 St Michael St. Currently being used as an AirBnb this property produces consistent positive cash flow. Walking distant to downtown restaurants, shops, and Mardi Gras parades this truly is the perfect location. Built in 1855 this home has been designated as the oldest shotgun in Mobile. The exposed rafters and wide heart pine floors are just some of the original features that add to the charm and uniqueness of this home. This property is being sold along with parcel #2906400010055 and is zoned T5-1. YTD Profit and loss available

Additional Details

Nearest MSA: Mobile
County: Mobile
Tax ID/APN: 2906400010056XXX
Zoning: T5-1

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,809 57,147 103,220
Median Age: 41.35 36.74 36.27
Households: 3,810 22,198 40,213

Contact

Photograph of Listing Agent

Manning Courtney

Courtney & Morris Real Estate, Inc. Gulf Coast CMLS Member
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