16 Elm ST W new Save Request In-Person Tour Request Virtual Tour
Mobile,AL 36610
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 936 sqft
Price per Sqft $64
Subdivision Edgewood
MLS Listing ID 7609314
Bedrooms 2
Full Baths 2
Annual Tax Amount $246
Tax Year 246
Lot Size 5,597 Sqft
Property Sub-Type Single Family Residence
Property Description
This updated income-producing property offers a solid return for investors seeking a rental-ready asset with reliable cash flow. Conveniently located near major Mobile attractions—including the Africatown Heritage Area, Downtown, and seasonal events—this property is positioned within reach of shopping, entertainment, and local amenities. Currently leased at $850 per month, this property delivers income from day one. Recent updates within the last three years include interior improvements that support long-term tenant appeal and reduce near-term maintenance expenses. Inside, the home offers generous square footage with spacious bedrooms, two full bathrooms, a large kitchen, and multiple living areas that provide functional rental layout options. The exterior features a low-maintenance yard, adding to the ease of ownership and management. Whether you're expanding your rental portfolio or entering the market with a proven performer, this property is ready to generate returns.
Location
State AL
County Mobile - Al
Direction From I-10, take the exit for Government Street and head west. Turn right onto Michigan Avenue, then continue straight until you reach Elm Street. Turn left onto Elm Street and follow it until you reach 16 Elm Street, which will be on the left side of the road.
Rooms
Basement None
Primary Bedroom Level Main
Dining Room Separate Dining Room
Kitchen Eat-in Kitchen,Laminate Counters
Interior
Interior Features Other
Heating Central,Electric
Cooling Central Air,Electric
Flooring Carpet,Laminate
Fireplaces Type None
Appliance Dishwasher,Electric Range,Electric Water Heater
Laundry Laundry Room,Main Level
Exterior
Exterior Feature None
Fence Chain Link
Pool None
Community Features None
Utilities Available Electricity Available,Sewer Available,Water Available
Waterfront Description None
View Y/N true
View City
Roof Type Shingle
Building
Lot Description Cleared,Front Yard,Level
Foundation Raised
Sewer Public Sewer
Water Public
Architectural Style Cottage,Craftsman
Level or Stories One
Schools
Elementary Schools Grant
Middle Schools Mobile County Training
High Schools Cf Vigor
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional