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50-52 N Georgia Ave

2 Unit Apartment Building $215,000 ($107,500/Unit) 6.98% Cap Rate Mobile, AL 36604

Executive Summary

Gorgeous Duplex in the heart of Mobile. This community is well-maintained and has tenants paying below-market rents. These large 2 bed room units tend to lease very easily if they are ever vacant. This duplex is in a desirable location, close to shopping, interstates, and Downtown Mobile.

Property Facts

Price $215,000
Price Per Unit $107,500
Sale Type Investment
Cap Rate 6.98%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.20 AC
Building Size 2,837 SF
No. Stories 1
Year Built 1989
  • Listing ID: 34225770

  • Date on Market: 12/17/2024

  • Last Updated:

  • Address: 50-52 N Georgia Ave, Mobile, AL 36604

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