259 S Broad Street, Mobile, AL 36603
7 beds | 3 Full baths | 4,240 square feet |
Multi-Family
MLS# 356458
| Active
Redevelopment opportunity! This home has zoning that will allow it to be renovated into an estate size home or a multifamily property for long term tenants. It is located a short walk to Callaghan's, Washington Square Park, and Downtown Mobile. Interstate access is close in both directions and the general area has been greatly improved by city work to the roads, sidewalk and lighting as it is a main entry way to Downtown Mobile. Within eyesight of this building, one-bedroom units start at $1,300 per month with very low vacancy. The two neighboring properties have recently been purchased and will be rehabbed into higher end multifamily properties in late 2024. Why buy an older multifamily property when you can create one yourself, with updated units? Call today for more information. All measurements are approximate and not guaranteed, buyer to verify.
5/21/2024 8:07 AM
Listing Information
Property Type: Multi-Family, 1 Story
7
3 Full
0.17 Acres
4,240 (approx)
1976
1
Aluminum siding
Favre Tract
Public
Public Sewer
School Information
Erwin Craighead
Calloway Smith
Murphy
Room Information
Bathrooms | |||
3 |
Interior Features
None
None
Other,
None
Exterior / Lot Features
None
Aluminum
Porch, Front Porch
Composition
57 x 132
Other-See Remarks
Driving Directions
FROM DOWNTOWN MOBILE, AND HEADED WEST ON GOVERNMENT STREET, MAKE A LEFT ONTO BROAD, AND PROPERTY IS ON YOUR LEFT.
Area map
Walk Score
Mortgage Calculator
Financial Considerations
290639000317203X
$2,845
Listing Price History
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