Active
531 W Laurel Avenue
Foley AL, 36535
$739,000
$197.44 per sqft
Active
6 Beds
6 Baths
3,743 sqft
Multi-family
Built in 1925
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.
367907
MLSⓇ ID
September 13, 2024
Listed
September 17, 2024
Updated
Map
531 W Laurel Avenue
Foley AL, 36535
Interior Features
Total Stories
2
Bedrooms
6
Total Bathrooms
6
Full Bathrooms
6
Interior Features
Ceiling Fan(s)
Appliances
Cooktop, Electric Range
Laundry Description
Common Area
Floor Description
Laminate, Tile, Wood
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fan(s), Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.59 Acres
Roof
Metal, Tile
Sewer
Public Sewer
School Information
High School
Foley High
Elementary School
Foley Elementary
Other Property Details
Area Name
Foley 2
Taxes
$2,953
Tax Frequency
Annually
Garage
Yes
Parking
Attached
View
No
County
Baldwin
Water Source
Public
Pool
No
Zoning
2+ Family Residence
Courtesy of Ryals Realty Services, Inc, Alla Nikitina
Listing Contact: [email protected]
The data relating to real estate for sale on this web site comes in part from the Baldwin County Association of REALTORS. Real estate listings held by brokerage firms other than Top Tier Team are marked with the IDX logo and detailed information about them includes the name of the listing brokers.
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Top Tier Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
The data on this page was last updated on 9/17/2024.
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