166 Kenan Street
Mobile, AL 36606
- 6 beds
- 5 baths
- 3,913 sqft
- 8,712 sqft lot
- $106 per sqft
- 1983 build
- – on site
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Exuding elegance and sophistication, this fully occupied four-unit property is a lucrative income-producing asset located in the desirable Midtown area of Mobile, Alabama. Situated on a spacious corner lot, this exceptional multi-unit dwelling boasts over 3200 square feet of living space. The downstairs units impress with 11-foot ceilings, while the upstairs units feature 10-foot ceilings. Further adding to its charm are the original hardwood floors and fully equipped kitchens, enhancing the property's appeal. The home was gently converted into 3, 2-bedroom 2 bath apartments (approx. 1100 sq. ft. each) Unit A is a downstairs unit, it was renovated in 2023, currently occupied w/ lease end date 3/2025, leased for $1500 per month.Unit B is a 2-bedroom 1 bath upstairs apartment (approx. 1000 sq. ft.) just recently renovated in 2022, currently occupied w/ lease end date 2/2025, leased for $1100 per month, and has new washer and dryer connections.Unit C is a 2-bedroom 1 bath downstairs apartment (approx. 1000 sq. ft.) currently occupied with a lease end date of 11/2024 and leased for $1050 per month.The property also has a large 1 bedroom 1 bath garage apartment (approx. 750 sq. ft.) currently occupied w/ a lease end date of 8/2024, leasing for $850 per month, and this unit has tons of potential to be completely remodeled and generate more revenue per month.Under the garage apartment, is a large, recently cleaned out garage/storage area that has endless possibilities. This exceptional investment opportunity offers luxurious living in a serene neighborhood. With its thoughtful design and high product quality, managing and maintaining it is effortless. This gem in Midtown presents a remarkable chance for a long-term investment, acquiring a top-tier asset with great potential and future opportunities that will enrich any portfolio. Buyer to verify all information during due diligence.
Listing courtesy of BCAR / Bellator Real Estate, LLC
Last checked:
Checking…
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Last updated Oct 23, 2024
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MLS# 364587 —
The Building
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Year Built:1983
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Construction Materials:Hardboard
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Architectural Style:Victorian
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New Construction:false
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Roof:Composition
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Levels:Two
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Building Area Total:3913
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Building Area Units:Square Feet
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Building Area Source:Agent Measured
Interior
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Interior Features:Ceiling Fan(s), High Ceilings
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Kitchen Level:Main
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Dining Room Features:See Remarks
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Flooring:Tile, Vinyl, Wood
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Fireplace:false
Room Dimensions
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Living Area:3913
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Living Area Units:Square Feet
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Living Area Source:Agent Measured
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Kitchen Area:100
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Kitchen Length:10
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Kitchen Width:10
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Master Bedroom Area:210
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Master Bedroom Length:21
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Master Bedroom Width:10
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Bedroom 2 Area:143
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Bedroom 2 Length:13
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Bedroom 3 Length:11
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Bedroom 2 Width:11
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Bedroom 4 Length:11
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Bedroom 3 Area:209
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Bedroom 3 Width:19
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Bedroom 5 Length:13
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Bedroom 4 Area:154
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Bedroom 4 Width:14
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Bedroom 5 Area:143
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Bedroom 5 Width:11
Location
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Directions:Take I-10 W to Virginia St. Take exit 25B from I-10 then Follow Virginia St. to Government St for 2 miles. Then you will take Old Government St. to Kenan St. and Turn right onto Kenan St. and the home will be on the left.
The Property
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Parcel Number:2907240005185XXX
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Property Type:Residential
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Property Subtype:Victorian
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Property Condition:Resale
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View:false
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View:None/Not Applicable
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Lot Features:Less than 1 acre
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Lot Size Area:8712
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Lot Size Acres:0.2
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Lot Size SqFt:8712
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Lot Size Dimensions:91 x 61 x 136 x 60
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Lot Size Units:Square Feet
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Zoning Description:2+ Family Residence
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Property Attached:false
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Waterfront:false
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Waterfront Features:No Waterfront
Listing Agent
- Contact info:
- Agent phone:
- (251) 928-0031
- Office phone:
- (251) 928-0031
Taxes
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Tax Lot:8
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Tax Block:8
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Tax Annual Amount:2339.34
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Tax Legal Description:ALL OF LOT 9 & PT OF LOT 8 BLK 2 KENAN SUB W MOBILE MBK 2/32 NOT CONVEYED IN DEED TO GEORGIA HUBBARD
Beds
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Bedrooms Total:6
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Bedroom 2 Level:Main
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Bedroom 3 Level:Main
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Bedroom 4 Level:Main
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Bedroom 5 Level:Second
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Master Bedroom Level:Main
Baths
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Total Baths:5
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Total Baths:5
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Full Baths:5
Heating & Cooling
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Heating:Other
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Heating:true
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Cooling:Other
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Cooling:true
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Dishwasher, Gas Range, Refrigerator
Schools
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Elementary School:Leinkauf
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Middle Or Junior School:Booker T Washington
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High School:Murphy
The Community
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Subdivision Name:None
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Community Features:None
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Association:false
Parking
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Garage:false
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Carport:false
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Parking Features:See Remarks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
8/21/24
Aug 21, 2024
|
Sold | BCAR | $415,000 | -2.4% |
7/15/24
Jul 15, 2024
|
Pending | BCAR | $425,000 | |
7/3/24
Jul 3, 2024
|
Listed / Active | BCAR | $425,000 |