259 S Broad Street, Mobile

Redevelopment opportunity! This home has zoning that will allow it to be renovated into an estate size home or a multifamily property for long term tenants. It is located a short walk to Callaghan's, Washington Square Park, and Downtown Mobile. Interstate access is close in both directions and the general area has been greatly improved by city work to the roads, sidewalk and lighting as it is a main entry way to Downtown Mobile. Within eyesight of this building, one-bedroom units start at $1,300 per month with very low vacancy. The two neighboring properties have recently been purchased and will be rehabbed into higher end multifamily properties in late 2024. Why buy an older multifamily property when you can create one yourself, with updated units? Call today for more information. All measurements are approximate and not guaranteed, buyer to verify.