Property Attributes
- MLS#7734201
- TypeSingle Family
- Listing Status Active
- CountyMobile
- CityMobile
- NeighborhoodMuth's
- Zip36606
- Style
- Taxes$ 1080
- Price$ 600,000
- Bedrooms6
- Full Bathrooms6
- Half Bathrooms0
- Lot Size0.3398 Acres
Data Source:
Mobile Area Association of REALTORS®® Inc/Gulf Coast MLS
Property Description
Investor Alert!! Great investment opportunity in a convenient Midtown location! 266 Rickarby Street includes two separate 3-unit apartment buildings located at 264 and 266 Rickarby Street, situated just south of Government Street with easy access to major thoroughfares. The property features six fully occupied units, providing immediate rental income. The unit mix includes four 2-bedroom, 1-bath apartments and two 1-bedroom, 1-bath apartments. Each unit offers hardwood floors and window HVAC units for heating and cooling. The property is serviced by gas, electricity, city water, and city sewer. All apartments are currently leased, with rents ranging from $500 to $800 per month, and one unit participating in the Section 8 program. Located just off Government Street and close to the Loop, the property offers easy access to shopping, dining, and major routes throughout the city, and is just minutes from downtown Mobile. With two buildings, six fully leased units, and a strong rental location, this property presents a fantastic opportunity for investors seeking a stable, income-producing asset.
| Elementary School | Middle School | High School |
|---|---|---|
| Leinkauf Elementary School | Lillie B Williamson Middle School | Lillie B Williamson High School |
| Price History | |
|---|---|
| 3/20/2026 | Listed $600,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Window Unit(s) |
| Utilities | Electricity Available,Natural Gas Available,Sewer Available,Water Available |
| Roof | Composition |
| Construction Materials | Stone |
| View | City |
| Topography | Level |
| Levels | Two |
| Waterfront Features | None |
| Community Features | None |
| Accessibility | None |
| County | Mobile - AL |
| Property Type | Residential Income |
| Energy Efficient | None |
| Subdivision Name | Muth's |
| Status | Active |
| High School | Lillie B Williamson |
| City | Mobile |
| Number Of Units Total | 6 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 14801.688 |
| Elementary School | Leinkauf |
| Tax Annual Amount | 1080 |
| Middle/Junior High School | Lillie B Williamson |
| Standard Status | Active |
| Occupancy Type | Tenant |
Interior Features
| Flooring | Hardwood |
|---|---|
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Window Features | None |
Exterior Features
| Fencing | None |
|---|---|
| Parking Features | Driveway |
| Lot Features | Level |
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 14801.688 |
| Lot Dimensions | 100x148 |
| Lot Size Acres | 0.3398 |
| Waterfront Y/N | false |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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