Description
This investment property offers a strong value add opportunity for someone looking to take on a full renovation project. With four total units and a layout that includes two 2 bedroom 1 bath units and two 3 bedroom 1 bath units, this structure gives plenty of room for a creative investor with vision. The location is minutes from the interstate, Downtown Mobile, Africa Town, Mardi Gras routes, and much more making it an appealing spot for future rental demand once restored. This property needs a full renovation and is priced to reflect the work needed. Investors looking to rebuild, reposition, or apply the BRRRR method will find a solid foundation to create long term value. This project offers attractive potential returns for a savvy buyer who is ready to bring the property back to life.
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10BEDS
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0.26ACRES
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4BATHS
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01/2 BATHS
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3,200SQFT
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$9$/SQFT
School Information
Description
This investment property offers a strong value add opportunity for someone looking to take on a full renovation project. With four total units and a layout that includes two 2 bedroom 1 bath units and two 3 bedroom 1 bath units, this structure gives plenty of room for a creative investor with vision. The location is minutes from the interstate, Downtown Mobile, Africa Town, Mardi Gras routes, and much more making it an appealing spot for future rental demand once restored. This property needs a full renovation and is priced to reflect the work needed. Investors looking to rebuild, reposition, or apply the BRRRR method will find a solid foundation to create long term value. This project offers attractive potential returns for a savvy buyer who is ready to bring the property back to life.
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Butler & Co Real Estate