512 Williams ST Active Save Request In-Person Tour Request Virtual Tour
Mobile,AL 36606
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Active
Purchase Type For Sale
Subdivision Bon Air Estates
MLS Listing ID 7554151
Year Built 1943
Annual Tax Amount $1,126
Tax Year 1126
Lot Size 0.260 Acres
Property Sub-Type Triplex
Property Description
This income-generating gem features three rental units and delivers $2,195 in total monthly income from day one. The front house is a charming single-family home with recently refinished hardwood floors, neutral tones, and rent-ready condition—currently marketed at $1,095/month. Behind it, a fully occupied duplex provides steady rental income. One unit is leased at $595/month, while the other, occupied by a long-term tenant, is rented below market value at $500/month, offering potential for future rent increases.With long-term annual leases in place and professional management handling the details, this property is a hassle-free investment. Whether you're looking to expand your portfolio or secure your first rental property, this cash-flowing asset is a smart choice. Call or text today for more details!All measurements are approximate and not guaranteed, buyer to verify. Buyer to verify all information during due diligence.
Location
State AL
County Mobile - Al
Direction Back units are currently rented, front property is available to show but this may change when an application gets approved. Seller will entertain offers contingent on viewing occupied units.
Interior
Heating Central
Cooling Central Air,Electric
Flooring Wood
Exterior
Fence None
Community Features None
Utilities Available Sewer Available,Water Available,Electricity Available
Waterfront Description None
View Y/N true
View Other
Roof Type Composition
Total Parking Spaces 3
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Leinkauf
Middle Schools Lillie B Williamson
High Schools Lillie B Williamson
Others
Special Listing Condition Standard