512 Williams Street, Mobile, AL 36606
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512 Williams Street, Mobile, AL 36606
512 Williams Street, Mobile, AL 36606
512 Williams Street, Mobile, AL 36606
512 Williams Street, Mobile, AL 36606

$177,500

Est. payment /mo

$195,000

9.0%
Est.Price: ?

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512 Williams Street Mobile, AL 36606

3 Beds

1 Bath

982 SqFt

SOLD DATE : 07/25/2025

Key Details

Sold Price $177,500

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 982 sqft

Price per Sqft $180

Subdivision Bon Air Estates

MLS Listing ID 376974

Style Single Story

Bedrooms 3

Full Baths 1

Year Built 1943

Tax Year 2024

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 County

Zoning MultiFamily

Interior

Heating Electric

Flooring Wood

Fireplaces Type No Fireplace

Exterior

Parking Features No Garage/Carport Parking

Pool None

Community Features More Than Two Pets Allowed

Utilities Available Water City, Sewage City, Alabama Power

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Composition Shingle

Building

Water Public

Schools

Elementary Schools Leinkauf Elementary

Middle Schools Lillie B. Williamson Middle

High Schools Lillie B. Williamson High

Others

Special Listing Condition None

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Listed by Bellator Real Estate LLC Mobile
Bought with Bellator Real Estate LLC Mobile
Lindsey Milam

Lindsey Milam

Agent License ID: 160139

+1(251) 454-7419

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