266 Rickarby Street, Mobile, AL 36606
266 Rickarby Street, Mobile, AL 36606
266 Rickarby Street, Mobile, AL 36606
266 Rickarby Street, Mobile, AL 36606
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Judy Simonds

Judy Simonds

+1(850) 525-6411
$ 600,000
Est. payment | /mo

10 Beds

6 Baths

3,576 SqFt

Save
$ 600,000
Est. payment | /mo
Save

10 Beds

6 Baths

3,576 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,576 sqft

Price per Sqft $167

Subdivision Lee Place

MLS Listing ID 393812

Bedrooms 10

Full Baths 6

Construction Status Resale

Annual Tax Amount $1,079

Lot Size 0.340 Acres

Lot Dimensions 100 x 148

Property Sub-Type Multi Family

Property Description

Investor Alert!! Great investment opportunity in a convenient Midtown location! 266 Rickarby Street includes two separate 3-unit apartment buildings located at 264 and 266 Rickarby Street, situated just south of Government Street with easy access to major thoroughfares. The property features six fully occupied units, providing immediate rental income. The unit mix includes four 2-bedroom, 1-bath apartments and two 1-bedroom, 1-bath apartments. Each unit offers hardwood floors and window HVAC units for heating and cooling. The property is serviced by gas, electricity, city water, and city sewer. All apartments are currently leased, with rents ranging from $500 to $800 per month, and one unit participating in the Section 8 program. Located just off Government Street and close to the Loop, the property offers easy access to shopping, dining, and major routes throughout the city, and is just minutes from downtown Mobile. With two buildings, six fully leased units, and a strong rental location, this property presents a fantastic opportunity for investors seeking a stable, income-producing asset. Buyer to verify all information during due diligence. *Year Built is Unknown.

Location

State AL

County Mobile

Area Mobile County

Zoning 2+ Family Residence

Interior

Interior Features Living Room

Cooling Window Unit(s)

Flooring Vinyl, Wood

Fireplaces Type None

Fireplace No

Exterior

Parking Features On Street

Community Features None

Utilities Available Natural Gas Connected

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Composition

Garage No

Building

Sewer Public Sewer

Water Public

New Construction No

Construction Status Resale

Schools

Elementary Schools Leinkauf

Middle Schools Lillie B Williamson

High Schools Lillie B Williamson

Others

Senior Community No

Ownership Whole/Full

Acceptable Financing Corporate Owned

Listing Terms Corporate Owned

Listed by L L B & B, Inc.

Schools and Properties Nearby

Judy Simonds

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(850) 525-6411

judy@judysimonds.com

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266 Rickarby Street