302 Michigan Avenue
Mobile, AL 36604

PRICED AT $699,000

Listing Details

  • $699,000
  • MLS# 7829544
  • Type Multi Unit - Multiple
  • Status Active
  • 0.239 acres
    Lot Size
  • 1982
    Year Built

Description

Look no further for a strong investment opportunity featuring three buildings with a total of 10 units, providing multiple income streams and excellent potential for continued cash flow. Eight units are occupied by long-term tenants, offering stable, consistent rental income, while two ADUs operate as Airbnb rentals, providing additional short-term rental revenue and flexibility.The property currently generates over $8,000 in gross monthly income, making this an attractive opportunity for investors seeking an established income-producing asset. The diversified rental model combines the stability of long-term leases with the earning potential...read more

Features

  • Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Wall Unit(s)
  • 2.0 Stories
  • $928 Taxes
  • Public
  • Built in 1982
VIEW ALL FEATURES

Contact the Listing Agent

Contact the Listing Agent
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/28/2026. The listing information on this page last changed on 09/28/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 09/28/2026 12:00:30 AM EST) or Pensacola MLS (last updated Sun 09/27/2026 11:53:10 PM EST) or Baldwin County MLS (last updated Sun 09/27/2026 11:51:13 PM EST) or Gulf Coast MLS (last updated Sun 09/27/2026 11:51:08 PM EST). Real estate listings held by brokerage firms other than Bellator Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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All Property Features

  • Property Type: Multi Unit - Multiple
  • Accessibility: None
  • Community Features: None
  • Construction Materials: Asbestos
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Days on Site: 29
  • Exterior: Asbestos
  • Fencing: None
  • Heating: Wall Unit(s)
  • Lot Description: Corner Lot
  • Lot Size: 0.24 Acres
  • Parking: Parking Lot, Paved
  • Parking Notes: Parking Lot, Paved
  • Roof Type: Shingle
  • Sewer: Public Sewer
  • Special View Info: City
  • Stories: 2.0
  • Taxes: $928
  • Units: 10
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water: Public
  • Waterfront: None
  • Window: None
  • Year Built: 1982