Property Description

RARE QUAD-PLEX OPPORTUNITY IN THE OLD DAUPHIN WAY HISTORIC DISTRICT! Opportunities like this don't come around often! ARV is in the $600's! Located in one of Mobile's most desirable historic districts, this property offers the potential to create a beautifully restored four-unit income-producing property while preserving its historic character. The proposed quad-plex layout includes Unit A: 3 bedrooms/1 bath, Unit B: 2 bedrooms/1 bath, Unit C: 2 bedrooms/1 bath, and Unit D: 2 bedrooms/1 bath. A significant amount of groundwork has already been completed for the next owner. More than 15 trees have been removed from around the property, providing a cleared site and a fresh starting point for the project. Even more value is already in place. The property comes with approved architectural drawings that have received approval from both the Mobile Historic Development Commission and the City of Mobile. Building permits have already been issued and are transferable, making this project ready for the next owner to take over and begin construction. A temporary electrical pole is also included with the property. Two arched windows for the front of the home, approved by the Historic District, have already been ordered and are ready for pickup at Oakleigh Woodworks. Additionally, all new aluminum-clad windows have been ordered and paid for, providing another major head start for the renovation. The vision, approvals, permits, and materials are already in place - this property is simply waiting for someone to bring the plans to life and give this historic building the beauty it deserves. Whether you're an investor looking to add a unique income-producing property to your portfolio or someone passionate about restoring Mobile's historic architecture, this is a rare opportunity in a highly sought-after location. Buyer to verify all zoning, permitted uses, historic district requirements, transferability of permits, dimensions, renovation requirements, and property condition. One member of the Selling Entity is a licensed real estate agent in the State of AL.

Property Features

Local Schools