Address
266 Rickarby Street, Mobile, AL
Price
$ 600,000
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

Property vs Single Family Average in 36606

Price
AVG $250K
$600K
Taxes
AVG $1,268
$1,080