161 N Cedar, Mobile, AL 36603

$320,000
2
BD
1
BA
1,050
SqFt

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List Price
$320,000
MLS#
7866499
Style
Cottage
Bedrooms
2
Bathrooms
1
Full baths
1
Living Area
1,050
Acres
0.04
County
Mobile - Al
Subdivision
Metes & Bounds

Property Description

LOCATION, charm, and income potential all wrapped into one! Welcome to 161 N Cedar Street, a beautifully renovated shotgun-style cottage nestled in the HEART OF DOWNTOWN MOBILE. Just steps from Dauphin Street, The Cheese Cottage, local restaurants, art galleries, boutique shops, and all the entertainment downtown has to offer. Enjoy the ultimate walkable lifestyle, including front-row access to Mardi Gras festivities and year-round downtown events! This charming property has been thoughtfully renovated from top to bottom while preserving its character. Step inside to discover a welcoming front foyer, all-new engineered hardwood flooring, modern lighting, and beautifully updated finishes throughout. The completely renovated kitchen and bathroom feature new cabinetry, stunning Taj Mahal quartz countertops, and all-new stainless steel appliances. Additional upgrades include a brand-new roof, HVAC system and ductwork, water heater, updated plumbing and electrical, new interior and exterior doors, ceramic tile bathroom flooring and tub surround, and stackable washer and dryer. Even better, this property is being sold FULLY FURNISHED, making it a true turnkey opportunity! Currently operating as a successful Airbnb since July, the property has already generated approximately $10,000 in rental income, with an additional $6,000 in confirmed bookings through mid-February. Whether you're looking to expand your investment portfolio, continue operating a short-term rental, or enjoy a charming downtown residence, the possibilities are endless. Outside, enjoy a quaint, fully fenced courtyard-style backyard and a charming front porch perfect for soaking in the character of this historic downtown setting. Fully renovated. Fully furnished. Income already in place. And an unbeatable Downtown Mobile location! Opportunities like this don't come around often! One member of the Selling Entity is a licensed real estate in the State of Alabama.

Additional Information

Acres
0.04
Style
Cottage
Water
Public
Cooling
Ceiling Fan(s), Central Air
Sewer
Public Sewer
Heating
Electric
Elementary School
Florence Howard
Middle School
Calloway Smith
High School
Ben C Rain

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Listing courtesy of IXL Real Estate LLC.