259 S Broad St, Mobile, AL 36603

Commercial property for lease

  • Description
  • 259 S Broad Street is a multi-unit property consisting of 11 rented units, each producing $ 500 per month and a one bedroom apartment rented for $ 650 per month. This property has a newly installed sprinkler system and is very well maintained. This one property produces an annual income of $ 60,000 with a net of $ 48,000 annually. This property has many long-term tenants, some who have been at the property for over 3 years. This building is located in the Oakleigh Historical District near Downtown Mobile and is close to food stores and fast food restaurants. There are 2 adjacent income producing properties also available for Sale at 261 and 263 S Broad Street. The Seller is retiring and is offering all of his 13 income producing properties for sale, consisting of single family and multi-family units, that can be purchased individually or as a package of all 13 properties. For more information, contact the listing agent. Building price details: $175,000.
  • Contact info
  • Donnie Parden
    EXIT Realty Lyon - Mobile
  • Note
  • Details Info about this row that located on 259 S Broad St, Mobile, AL 36603 was got from trusty sources, but HousesForSaleList.com can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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  • Property Details
  • Property Type: Commercial (Other)
    Status: Available
    Submarket: Mixed Use
    MSA: Mobile
    Zoning: R3
    Buildings: 1
    Terms: Cash to Seller
    Added: 11/16/2017

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