Metes And Bounds Homes with Leinkauf Elementary Elementary school

Metes And Bounds Homes with Leinkauf Elementary Elementary school

Welcome to Metes and Bounds, a charming subdivision nestled in the heart of Mobile, Alabama. This inviting community is characterized by its picturesque landscapes and friendly atmosphere, making it an ideal place for families and individuals alike. With its close proximity to local amenities and attractions, Metes and Bounds offers a perfect blend of suburban tranquility and urban convenience.

One of the standout features of this delightful neighborhood is its strong connection to the local educational landscape. Families residing in Metes and Bounds benefit from being served by the highly regarded Leinkauf Elementary School. Known for its dedicated staff and nurturing environment, Leinkauf Elementary provides a solid foundation for young learners, ensuring they receive a quality education in a supportive setting. Parents can take comfort in knowing that their children are just a short distance away from a school that prioritizes academic excellence and personal growth.

The homes in Metes and Bounds boast a variety of architectural styles, catering to diverse tastes and preferences. Whether you’re seeking a cozy single-family home or a spacious residence with modern amenities, this subdivision has something for everyone. The lush, tree-lined streets and well-maintained properties create an inviting ambiance, perfect for evening strolls or weekend gatherings.

In addition to its family-friendly atmosphere and excellent school options, Metes and Bounds is conveniently located near shopping, dining, and recreational opportunities. Explore the vibrant local culture and enjoy everything Mobile has to offer, all while coming home to the warmth and charm of Metes and Bounds. Discover your dream home in this delightful community today!

Newest Metes And Bounds Homes with Leinkauf Elementary Elementary school

$600,000
6 Beds 6 Baths 392935 MLS
Renovated six-unit, high-income producing apartment building offering a strong and diversified income stream. The property consists of four fully furnished short-term rental units and two long-term rentals, creating an attractive blend of stable tenancy and higher-yield short-term rental income. The short-term units are professionally furnished with updated furniture, bedding, and supplies and are currently operating at near full occupancy, while the two long-term units are leased to reliable tenants providing consistent baseline income.The property also features a coin-operated laundry facility that provides additional income. The building is professionally managed and has been a strong performer, generating average gross rents of over $7,000 per month.Significant capital improvements were completed in 2024, including new roofs, updated electrical systems, and updated plumbing. Nearly all units also received new flooring or refinished hardwood floors, along with new appliances, new PTAC-style HVAC units, and updated water heaters. With most major systems and interior improvements already addressed, the property has been stabilized and positioned for continued strong performance with minimal deferred maintenance.The surrounding area continues to see substantial growth and investment. With the relocation of the Mobile International Airport, the area is experiencing increased development, job creation, and infrastructure improvements, which are expected to further drive housing demand and long-term property values.This is a rare opportunity to acquire a stabilized, income-producing multifamily asset with strong current cash flow and additional upside potential in a rapidly improving area.All measurements are approximate and not guaranteed, buyer to verify. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. Year built is unknown. This

1300 Illinois St, Mobile

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