$679,000

Multi Family In Foley

  • 6 Beds
  • 6 Baths
  • 3,743 Sqft
  • 25,701 Sqft lot
  • Updated: August 10
  • Source:
    Baldwin REALTORS  MLS#367907

About the Property

This charming six-plex, built in 1925, is a historical gem located just steps from Foley Downtown. With only four owners in nearly a century, this property sits on a little over half an acre. Currently operated as a 55+ community, it’s consistently 100% occupied. Walking distance to Foley Elementary and Middle Schools, and downtown with all you need doctor’s offices, vet clinic, restaurants, shops
This charming six-plex, built in 1925, is a historical gem located just steps from Foley Downtown. With only four owners in nearly a century, this property sits on a little over half an acre. Currently operated as a 55+ community, it’s consistently 100% occupied. Walking distance to Foley Elementary and Middle Schools, and downtown with all you need doctor’s offices, vet clinic, restaurants, shops - you name it. South Baldwin Regional Medical Center, Police Department, Municipal Court, DMV, Riviera Utilities and more are located within 2 miles radius. The two-story building houses six units, each offering 1 bedroom and 1 bathroom and its own kitchen. Five units are on the main floor, while one occupies the upstairs level. All units come equipped with individual mini-split A/C systems. Coin laundry is available for common use. There’s also a full basement, not in use by tenants, offering extra potential. Ample on-site parking is available for tenant convenience. Utilities are included in the tenant’s monthly payments. The property underwent a renovation in 2018, with updated electrical, plumbing, sprinkler, and smoke detector systems, ensuring modern functionality in a historic setting. Buyer to verify all information during due diligence.
  • Property type

    Other

  • Floors

    2

  • Year built

    1925

  • Price/sqft

    $181

Features

  • Basement
  • Air Conditioning
  • Parking
  • Laundry Room

Explore the Area

531 W Laurel Avenue, Foley, Alabama, United States View on Google Maps
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Ryals Realty, Inc - Gulf Shores

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Ryals Realty, Inc - Gulf Shores
Alabama, United States
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2
Listings
2026
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Ryals Realty, Inc - Gulf Shores
Gulf Shores, Alabama, United States
View agency profile
Last updated
August 10
First listed
Feb 13
Listing reference
367907
Listing status
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