2161 Homewood Street

Mobile, AL 36606

Income-Producing Triplex in Prime Midtown Mobile Location: Located at the corner of Homewood and Crenshaw, this triplex offers an exceptional opportunity for long-term investment gains. Featuring two mirrored units (A & B) in the main house, and a newly constructed garage apartment (Unit C) at the rear, this property is perfect for investors looking to capitalize on a thriving rental market. Units A and B are galley-style, each with a shared front porch for a charming appeal, and a newly built back deck for added outdoor space. Both units are currently rented, providing immediate cash flow. Unit C, a newly completed construction with a one-car garage, is vacant and ready to be leased at market rates, offering further potential income. Additional features include: New Roof installed in 2020 (per previous owner). Owner's Garage with extra space currently used for maintenance equipment storage. Turnkey Rental Opportunity with established tenants in Units A and B. This property is nestled in a popular Midtown area, with strong rental demand and easy access to local amenities. Whether you're looking to expand your portfolio or secure a stable investment, this triplex offers the potential for long-term growth and consistent returns. NOTE: It is requested that a pre-approval letter from a lender, or a proof of funds letter from buyer's banking institute, to be submitted with all offers. Offers without a pre-approval letter or proof of funds verification will not be considered until such information is provided. If you need lender referrals please contact your real estate agent or other real estate professional for assistance. All updates listed are per the seller. Listing company makes no representation as to accuracy ofsquare footage, or the age of appliances, roof, and/or HVAC systems, etc. Buyer and buyer's agent are to verify all information deemed important to the buyer, including, but not limited to: square footage, utility services, insurance, school districts, transportation services, etc.

This is an Active listing.

Broker Office Phone Number: 251-344-9220

Copyright © 2024Gulf Coast MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.