$699,000

531 W Laurel Avenue , Foley, AL 36535

 
Bedrooms:6 beds
Bathrooms:6 baths
(None specified):3,743 sqft
Lot:0.59
Year Built:1925
Listing Status:Active

Listing Agent

Alla Nikitina
http://ryalsrealty.com
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Description

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.

Detailed Items

Other Information

531 W Laurel Avenue, Foley, AL, 36535 is a (none specified) listing of 3,743 sqft on a lot of 0.59. This (none specified) listing has 6 bedrooms, and 6 baths. The map for this location can be viewed on Google maps at Google maps to property531 W Laurel Avenue, Foley, AL
Copyright © 2025 Baldwin County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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