316 Fairway Avenue, Mobile, AL 36608

$130,000 Asking Price

3 beds
2 baths
1,338  sqft
Built in 2008

CALLING ALL INVESTORS!!!! Have you been looking to start or expand your real estate portfolio? If so, you have found the right property!! With this purchase, you will not only acquire a beautifully built and well-maintained 3 bedroom 2 bathroom brick home, you will also get a bonus doublewide mobile home on the same lot included at no value. But that's not all! There is also another power pole on the back of the property to easily add a second mobile home. This property is conveniently located only 1.1 miles from the University of South Alabama. There are five properties total in this portfolio and they are all tenant occupied and income producing, brining in right at $10,000 per month in rent. Please check out the other listings: 466 PineHill Avenue MLS #: 7360899, 1107 Montauk Ave MLS #: 7360891, 1118 Montauk Avenue MLS#: 7360898, and 111 Michael Donald Avenue MLS #: 7361011 Call me or your favorite Realtor today to see why this property would be a great investment!

Features & Amenities

Interior

General:
Other
Appliances:
Other
Laundry:
Other
Basement:
Other
Flooring:
Other
A/C:
true, Other
Heating:
true, Other
Fireplace:
None
Disability Feature:
None
Eco/Green Feature:
None

Exterior

General:
None
Style:
Other
Pool:
None
Parking:
Driveway

Construction

Roofing:
Other
Windows:
None
General:
Other, One

Location

Road/Access:
None
Originating MLS:
GCMLS2
County:
Mobile - AL

Lot

Zoning:
2804183001002
View:
City
Fencing:
None

Utilities

Utilities:
Other, None
Water:
Other
Sewer:
Other

Financial

Source:
GCMLS2

This listing courtesy of:
Port City Group brokered by EXP Realty LLC, Ashley Martin

About Mobile, AL

Housing

Number of Units
119,794
Median Home Value
$155,219
Median Rent
$666

43.79% of housing units are renter occupied.

11.74% are vacant.

Commute

Car
80.48%
Public Transportation
0.71%
Walk to Work
0.90%
Work from Home
16.93%
Other
0.83%

The median travel time to work is 21 minutes.

People

Population
265,382
Median Age
38.40
Median Household Size
2.50

Education

High School
31.25%
Associate’s Degree
8.15%
Bachelor’s Degree
19.40%
Graduate Degree
9.78%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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