Metes And Bounds Homes with Lillie B. Williamson High High school

Welcome to Metes And Bounds, a charming subdivision nestled in the heart of Mobile, Alabama. This delightful community offers a unique blend of suburban tranquility and urban convenience, making it an ideal place for families, professionals, and retirees alike.

Metes And Bounds is characterized by its spacious lots and beautifully designed homes that reflect a variety of architectural styles. Residents enjoy the serenity of tree-lined streets and well-maintained landscapes, creating an inviting atmosphere that feels like home from the moment you arrive. Whether you're looking for a cozy starter home or a more expansive property to accommodate your growing family, this subdivision has something for everyone.

One of the standout features of Metes And Bounds is its proximity to Lillie B. Williamson High School, a highly regarded institution known for its commitment to academic excellence and community involvement. Families with school-age children will appreciate the convenience of having such a reputable school just a stone's throw away. The school’s active engagement in extracurricular activities and sports programs fosters a strong sense of community and camaraderie among students and parents alike.

In addition to its educational advantages, Metes And Bounds is conveniently located near shopping centers, parks, and recreational facilities, ensuring that all your daily needs are just a short drive away. With easy access to major highways, commuting to downtown Mobile or nearby attractions is a breeze.

Discover the charm of Metes And Bounds, where community spirit meets modern living in beautiful Mobile, Alabama. Your dream home awaits!

Newest Metes And Bounds Homes with Lillie B. Williamson High High 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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