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Map
$263,926*
●
Commercial -
Off Market
259 BROAD STREET S
MOBILE, AL 36603
Studio
0 Bath
4240 Sqft
$162,000 - $198,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
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 3 income
producing properties for sale.
The manager has listed the unit size as 4240 square feet.
The manager has listed the unit size as 4240 square feet.
Unit Size
4,240Ft²
Days on Market
-
Land Size
-
Price per sqft
$42
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1982
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Dec 27, 2023 | Sold to Madelyn Lindsey Collum, Ric... | $575,000 | |
Sold to Madelyn Lindsey Collum, Ric... | |||
Jul 8, 2022 | Sold | $335,000 | |
Sold | |||
Aug 9, 2019 | No longer available | - | |
No longer available | |||
May 17, 2019 | Listed | $180,000 | |
Listed |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/17/2019
|
|
Studio
|
-
|
4240 ft²
|
$180,000
Studio
-
4240 ft²
|
-
-
|
-
|
-
|
Building Info
259 South Broad Street
259 South Broad Street, Mobile, AL 36603
- 1 Unit for Sale