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607 South Mobile Street
Linden, AL 36748
Multifamily Property For Sale · 8 Units

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EXECUTIVE SUMMARY

GREAT APARTMENTS!!!
8 units. Townhomes. Each unit is 2bed/1bath. Separate electric meters. City water and sewer. Central heat and air. All brick, metal roofs. Washer and dryer hookups in every unit. Located in beautiful Marengo County, AL!!! PROPERTY WILL GENERATE A 16%+ NET RETURN ON INVESTMENT!! OVER $70k IN VALUE ADD!!! This is a very simple and straight forward investment property with tons of potential. Units are renting for $800/month each.
Professional property management and financing is available!!!

PROPERTY FACTS

Price Per Unit $37,488
Sale Type Investment
Cap Rate 16.72%
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class C
Lot Size 0.72 AC
Building Size 7,728 SF
Average Occupancy 0%
No. Stories 2
Year Built 1976
Parking Ratio 1.04/1,000 SF
Zoning C - Commercial

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 8 $800.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-03-05-1-012-003-0000
Land Assessment
$1,820
Improvements Assessment
$36,720
Total Assessment
$38,540
  • Listing ID: 39212333

  • Date on Market: 1/26/2026

  • Last Updated:

  • Address: 607 South Mobile Street, Linden, AL 36748

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