512 Williams Street
Mobile, AL 36606
- 3 beds
- 1 bath
- 982 sqft
- 11,325 sqft lot
- $198 per sqft
- 1943 build
- – on site
This income-generating gem features three rental units and delivers $2,195 in total monthly income from day one. The front house is a charming single-family home with recently refinished hardwood floors, neutral tones, and rent-ready condition—currently marketed at $1,095/month. Behind it, a fully occupied duplex provides steady rental income. One unit is leased at $595/month, while the other, occupied by a long-term tenant, is rented below market value at $500/month, offering potential for future rent increases.With long-term annual leases in place and professional management handling the details, this property is a hassle-free investment. Whether you're looking to expand your portfolio or secure your first rental property, this cash-flowing asset is a smart choice. Call or text today for more details!All measurements are approximate and not guaranteed, buyer to verify. Buyer to verify all information during due diligence.
Last checked:
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Last updated Apr 4, 2025
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MLS# 376974 —
This property is listed in more than one place. See it here, and here.
The Building
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Year Built:1943
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New Construction:false
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Construction Materials:Asbestos, Wood Frame
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Structure Type:Single Story
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Roof:Composition
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Foundation Details:Pillar/Post/Pier
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Stories:1
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Levels:One
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Patio And Porch Features:Patio, Front Porch
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Building Area Total:982
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Building Area Units:Square Feet
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Building Area Source:Seller
Interior
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Interior Features:Other Rooms (See Remarks)
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Flooring:Wood
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Kitchen Level:Main
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Furnished:Negotiable
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Dining Room Features:Breakfast Room
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Dining Room Level:Main
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Living Room Level:Main
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Fireplace:false
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Fireplace Features:None
Room Dimensions
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Living Area:982
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Living Area Units:Square Feet
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Living Area Source:Seller
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Kitchen Area:95
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Kitchen Length:10
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Kitchen Width:9.5
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Dining Room Area:64
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Dining Room Length:8
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Living Room Length:10
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Dining Room Width:8
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Living Room Area:136
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Living Room Width:13.6
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Master Bedroom Area:110
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Master Bedroom Length:11
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Master Bedroom Width:10
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Bedroom 2 Area:91.08
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Bedroom 2 Length:9.2
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Bedroom 3 Length:10.5
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Bedroom 2 Width:9.9
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Bedroom 3 Area:105
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Bedroom 3 Width:10
Financial & Terms
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Ownership:Whole/Full
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Possession:Close Of Escrow
Location
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Directions:Back units are currently rented, front property is available to show but this may change when an application gets approved. Seller will entertain offers contingent on viewing occupied units.
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Cross Street:Houston Street
The Property
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Property Type:Residential Income
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Property Subtype:Triplex
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Property Condition:Resale
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Zoning Description:2+ Family Residence
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Parcel Number:2910282002069.
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Lot Size Area:11325.6
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Lot Size Acres:0.26
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Lot Size SqFt:11325.6
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Lot Size Dimensions:76 x 150 x 77 x 150
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Lot Size Units:Square Feet
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View:false
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View:None/Not Applicable
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Water Source:Public
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Waterfront:false
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Waterfront Features:No Waterfront
Listing Agent
- Contact info:
- Agent phone:
- (251) 343-7777
- Office phone:
- (251) 343-7777
Taxes
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Tax Annual Amount:1126.4
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Tax Legal Description:LOT 38 BON AIR ESTATES BLOCK 25 DBK 156/374 AND THE SOUTH HALF OF LOT 37 BON AIR ESTATES BLOCK 25 DBK 156/374
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Tax Lot:38
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Tax Block:38
Beds
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Bedrooms Total:3
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Bedroom 2 Level:Main
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Bedroom 3 Level:Main
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Master Bedroom Level:Main
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Master Bedroom Features:1st Floor Primary
Baths
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Total Baths:1
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Total Baths:1
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Full Baths:1
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Electric
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Heating:true
Utilities
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Electric:Alabama Power
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Sewer:Public Sewer
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Green Energy Efficient:None
Appliances
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Appliances:Other
Schools
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Elementary School:Leinkauf
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Middle Or Junior School:Lillie B Williamson
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High School:Lillie B Williamson
The Community
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Subdivision Name:Bon Air Estates
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Community Features:None
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Association:false
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Subdivision:AL
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Pets Allowed:More Than 2 Pets Allowed
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Boat Facilities:None
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:3
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Parking Features:None
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).
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 |
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4/4/25
Apr 4, 2025
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Listed / Active | BCAR | $195,000 |