Three-Unit Income
109 Carlen S Street, Mobile, AL 36606
- Added:
- May 3, 2025
- Days on Market:
- 396
- Last Refresh:
- Apr 7 at 10:47 pm
Property Features for 109 Carlen S Street
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Listing agent Michael Subirats License #93717-1 (251) 490-1449
Listing office Roberts Brothers TREC (251) 490-1449
Listing date May 3, 2025
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Roberts Brothers TREC
HighLights
- Income‑generating 3‑unit property with $32,400 annual gross rents.
- Two units (A & C) are currently leased at $900/month each, providing immediate income.
- Recent updates to Units A & B, including water heaters, window units, and kitchen appliances.
- Detached garage apartment provides a separate rental unit.
- Central HVAC in all units (exterior unit for main house replaced in 2018).
- Low annual property taxes ($1,985/year).
Overview
This three-unit property is comprised of a duplex main house, featuring two identical units each with one bedroom and one bathroom, and a detached garage apartment building, also with one bedroom and one bathroom. The gross rents total $2,700 per month, or $32,400 annually. Unit A is currently leased for $900 per month, with the lease expiring in March 2026. It features hardwood and LVP flooring, central HVAC (exterior unit installed in 2018), a window unit, refrigerator, and gas range. Unit B is currently vacant but was previously leased at $900 per month. It includes hardwood and LVP flooring, window AC units, a central gas furnace for heat, a refrigerator, and a gas range. Unit C, the garage apartment, is currently leased for $900 per month, with the lease expiring in September 2026. It is equipped with central HVAC and carpet. Units A and B have received recent updates, including water heaters, window units, and kitchen appliances. The roofs are 10-15 years old, and the central HVAC systems are 7-10 years old. Water, sewer, trash, and lawn maintenance are included in the rents. Annual insurance is $2651, and property taxes are $1,985 per year. The property is being sold 'as-is' with all occupants in place.
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Mobile
- County
- Mobile
- State
- Alabama
- Longitude
- -88.0848076
- Latitude
- 30.688348
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Three-unit property with existing leases and income potential.
Where is this triplex located?
The property is located at 109 Carlen S Street Mobile, AL.
What is the asking price?
The asking price for this property is $260,000.
What are key features of this property?
This property features: Income‑generating 3‑unit property with $32,400 annual gross rents.; Two units (A & C) are currently leased at $900/month each, providing immediate income.; Recent updates to Units A & B, including water heaters, window units, and kitchen appliances.
