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254 Cherokee Street

Mobile, AL 36606
  • $425,000
  • STATUS: Active
  • ON SITE: 39 Days
  • MLS #: 353657
UPDATED: 135 min ago
$425,000
  • 6
    BEDS
  • 0.15
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,069
    SQFT
  • $138
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1950
County:

School Information

Elementary School:
Middle School:
High School:

Description

Rare opportunity to build your investment portfolio with this FOURPLEX just outside of the Leinkauf Historic District!!! Fantastic income opportunity and a great way to shore up that extra cash for end-of-the year taxes! Two 2/1's and two 1/1's are all fully rented at competitive rates. For the investor that is into gentrification and restoration of neighborhoods, this home is surrounded by other homes that have been, or are being renovated. Some updating and renovating would position this property for top-price rentals. The neighborhood is the next up-and-coming historic area just before you get to the loop. Watching the homes being restored is a sure sign that this street is following the trends of other restored historic neighborhoods in the area. Off Street Parking in back Showings to be scheduled through Showing Time and must be by appointment only.

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Listing information © 2023 Baldwin County Association of REALTORS® MLS. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS or The Kathy Justice Team - Levin Rinke Realty. Data last updated 2023-12-08T00:27:52.337.
www.perdidokeypropertysearch.com/homes/144824126
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254 Cherokee Street Mobile, AL 36606

  • Price: $425,000
  • Status: Active
  • On Site: 39 Days
  • Updated: 135 min ago
  • MLS #: 353657
6
Beds
4
Baths
0
½ Baths
0.15
Acres
3,069
SQFT
$138
$/SQFT
1950
Built
Neighborhood:
Bon Air / Rickarby
County:
Mobile
Area:
Mobile County
Elementary School:
Leinkauf
Middle School:
Lillie B Williamson
High School:
Lillie B Williamson
Property Description
Rare opportunity to build your investment portfolio with this FOURPLEX just outside of the Leinkauf Historic District!!! Fantastic income opportunity and a great way to shore up that extra cash for end-of-the year taxes! Two 2/1's and two 1/1's are all fully rented at competitive rates. For the investor that is into gentrification and restoration of neighborhoods, this home is surrounded by other homes that have been, or are being renovated. Some updating and renovating would position this property for top-price rentals. The neighborhood is the next up-and-coming historic area just before you get to the loop. Watching the homes being restored is a sure sign that this street is following the trends of other restored historic neighborhoods in the area. Off Street Parking in back Showings to be scheduled through Showing Time and must be by appointment only.
Exterior Features

Boat Facilities None Carport YN No Construction Materials Aluminum Siding Fencing Fenced Garage YN No Levels Two Lot Size Dimensions 212 x 73 Open Parking YN Yes Parking Features On StreetSee RemarksThree or More Vehicles Parking Total 4 Roof Tile View None/Not Applicable View YN No Waterfront Features No Waterfront Waterfront YN No

Interior Features

Appliances Electric RangeRefrigerator Bedroom2 Level Main Bedroom4 Level Second Bedroom5 Level Second Building Area Total 3069 Cooling Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Fireplaces Total 0 Flooring TileVinylWood Heating Electric Heating YN Yes Interior Features Ceiling Fan(s) Kitchen Level Main Master Bedroom Level Lower

Property Features

Association YN No Community Features None Electric Alabama Power New Construction YN No Number Of Units In Community 4 Ownership Whole/Full Property Condition Resale Property Sub Type Multi Family Security Features Smoke Detector(s) Structure Type Multi-Story Tax Annual Amount 1517 Water Source Public Zoning Description 2+ Family ResidenceSingle Family Residence

Listing provided by Legendary Realty, Llc: . Listing information © 2023 Baldwin County Association of REALTORS® MLS.


Listing information © 2023 Baldwin County Association of REALTORS® MLS. IDX information is provided exclusively 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. Data is deemed reliable but is not guaranteed accurate by the MLS or The Kathy Justice Team - Levin Rinke Realty. Data last updated 2023-12-08T00:27:52.337.
 
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The Kathy Justice Team - Levin Rinke Realty
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Perdido Key FL, 32507