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Map
$329,907*
●
Commercial -
Off Market
263 BROAD STREET S
MOBILE, AL 36603
Studio
0 Bath
5140 Sqft
$203,000 - $247,000
Reference Base Price*
46.63%
Since Sep 1, 2019
National-US
Primary Model
About This Property
263 S Broad Street is a multi-unit property consisting of 18 rented
units, each producing $400 to $800 per month and 3 one-bedroom
units, each 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 $ 108,000 with a net of $
87,000 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 259
and 261 S Broad Street. The Seller is retiring and is offering his
3 income producing properties for sale.
The manager has listed the unit size as 5140 square feet.
The manager has listed the unit size as 5140 square feet.
Unit Size
5,140Ft²
Days on Market
-
Land Size
-
Price per sqft
$44
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1979
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 27, 2023 | Sold to Madelyn Lindsey Collum, Ric... | $575,000 | |
| Sold to Madelyn Lindsey Collum, Ric... | |||
| Apr 20, 2023 | Sold | $373,695 | |
| Sold | |||
| Aug 9, 2019 | No longer available | - | |
| No longer available | |||
| May 17, 2019 | Listed | $225,000 | |
| Listed | |||
Property Highlights
263 BROAD STREET S
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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
|
-
|
5140 ft²
|
$225,000
Studio
-
5140 ft²
|
-
-
|
-
|
-
|
Building Info
