Bought with Vina Khanthavongsa • Exit Realty Lyon & Associates
$315,000
$320,000
1.6%For more information regarding the value of a property, please contact us for a free consultation.
7,318 Sqft Lot
SOLD DATE : 03/03/2025
Key Details
Sold Price $315,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Dubroca Tract
MLS Listing ID 7459745
Sold Date 03/03/25
Annual Tax Amount $1,811
Tax Year 1811
Lot Size 7,318 Sqft
Property Sub-Type Duplex
Property Description
Income-Producing DUPLEX (w/TRIPLEX possibilities) in Prime Midtown Mobile Location: Located at the corner of Homewood and Crenshaw, this property offers an exceptional opportunity for long-term investment gains. Featuring two mirrored units (A & B) in the main house, and a newly constructed garage with space above (Unit C capabilities) at the rear, this property is perfect for investors looking to capitalize on a thriving rental market. Units A and B are galley-style, each with a shared front porch for a charming appeal, and a newly built back deck for added outdoor space. One unit (B) is currently rented, providing immediate cash flow. The garage is a newly completed one-car garage with an added storage garage, and has an upstairs area that offers future potential income possibilities. Additional features include: New Roof installed in 2020 (per previous owner). Owner's Garage with extra space currently used for maintenance equipment storage. This property is nestled in a popular Midtown area, with strong rental demand and easy access to local amenities. Whether you're looking to expand your portfolio or secure a stable investment, this duplex offers the potential for long-term growth and consistent returns. NOTE: It is requested that a pre-approval letter from a lender, or a proof of funds letter from buyer's banking institute, to be submitted with all offers. Offers without a pre-approval letter or proof of funds verification will not be considered until such information is provided. If you need lender referrals, please contact your real estate agent or other real estate professional for assistance. All updates listed are per the seller. Listing company makes no representation as to accuracy of square footage, or the age of appliances, roof, and/or HVAC systems, permitting, zoning, etc. Buyer and buyer's agent are to verify all information deemed important to the buyer, including, but not limited to: square footage, utility services, insurance, school districts, transportation services, etc.
Location
State AL
County Mobile - Al
Direction Heading east on Dauphin St from I-65, take a right on Crenshaw St. House is at the corner of Crenshaw and Homewood.
Interior
Heating Central
Cooling Central Air
Exterior
Fence None
Community Features None
Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available
Waterfront Description None
View Y/N true
View Other
Roof Type Shingle
Garage true
Building
Lot Description Corner Lot
Sewer Other
Water Public
Level or Stories One
Schools
Elementary Schools Mobile - Other
Middle Schools Mobile - Other
High Schools Mobile - Other
Others
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
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