555 Downing Street E, Mobile, AL 36617
General Gorgas Place · Mobile - AL County
Key Facts
Description
Seller is entertaining offers from 45K-50K. Investor Special! Great Fixer-Upper Opportunity! This charming 2-bedroom, 1-bath home offers incredible potential for investors, renovators, or first-time buyers looking to add their personal touch. Conveniently located near University Hospital, this property provides a solid foundation for renovation and future value. The home features a spacious living room with a fireplace, an eat-in kitchen, and indoor laundry. Just off the kitchen is a versatile bonus room that could serve as a playroom, office, mudroom, or additional flex space, with a side entrance for added convenience. Outside, you'll find generous front and back yard space, perfect for landscaping, gardening, or outdoor living ideas. Tankless water heater is 3 years old. Bring your tools and imagination to transform this diamond in the rough into something special. Whether you're searching for your next investment property or a starter home with potential, this is an opportunity you don't want to miss. Sold As-Is. Seller will make no repairs. Schedule your showing today and contact your favorite REALTOR®!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
Cottage
Year Built
1987
Living Area
832 sq ft
Lot Size
0.16 acres
Parking Spaces
3
Days on Market
34
MLS® Listing#
7781182
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Pool
Parking
Laundry
Fencing
Lot Features
Construction
Foundation
Roof
Windows
Other Structures
Community
Utilities
Sewer
Water Source
Schools
- Elementary:
- Holloway
- Middle:
- Booker T Washington
- High:
- John L Leflore
Financial Details
Annual Taxes
$343
Parcel Number
2907420002251
Affordability Calculator
$9,000
Estimated monthly payment
$240/mo
Principal $36,000 · Est. interest $50,223 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mobile, AL
- $283,850
- Median Listing Price
- 66
- Median Days on Market
- 1,861
- Median Sq Ft
- $149
- Median Price / Sq Ft
- 1,144
- Active Listings
- This home’s price is 84% below the area median.
- Its price per sq ft is 64% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mobile, AL.
Location
Points of Interest in Mobile, AL
Showing the Mobile area map.
Nearby Schools
Booker T. Washington Middle School
Secondary · 0.5 mi away
Ariel W. Holloway Elementary School
Elementary · 0.5 mi away
Bessie C Fonvielle Elementary School
Elementary · 0.5 mi away
Pointe Academy
School · 0.5 mi away
Leflore High School
Secondary · 0.5 mi away
Just 4 Development Laboratory
School · 0.6 mi away
Public School System High School
Secondary · 0.6 mi away
Faith Lutheran Church
School · 0.9 mi away
Toddlers Academy Beginners School
Elementary · 0.9 mi away
Leona B Warren Head Start
Elementary · 1.0 mi away
Augusta Evans School
School · 1.3 mi away
Ums Wright Preparatory School
Secondary · 1.5 mi away
St Mary Catholic School
Secondary · 1.6 mi away
McGill-Toolen Catholic High School
Secondary · 1.7 mi away
Ella Grant Elementary School
Elementary · 1.7 mi away
Murphy High School
Secondary · 1.7 mi away
Toddlers Academy Beginners School
School · 1.9 mi away
Phillips Preparatory School
Secondary · 1.9 mi away
Mattie T Blount High School
Secondary · 2.0 mi away
Angela Davis Christian Academy
School · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 721 Gilbert Street, Mobile, AL | $35,000 | 2 | 1 | 1,242 |
| 661 Ruth Street, Mobile, AL | $35,000 | 2 | 1 | 1,028 |
| 963 Semler Street, Mobile, AL | $35,000 | 3 | 1 | 880 |
| 3614 Pleasant Valley Road, Mobile, AL | $35,000 | 3 | 2 | 1,763 |
| 570 Clarke Street, Mobile, AL | $35,000 | 2 | 1 | 884 |
| 222 Haig Street, Mobile, AL | $43,000 | 3 | 2 | 1,518 |
Moving Cost Estimate
EXIT Agents in Mobile
Listing Courtesy: Elite Real Estate Mobile - PHONE