525-527 Rose Avenue new Save Request In-Person Tour Request Virtual Tour
Foley,AL 36535
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,252 sqft
Price per Sqft $161
Subdivision Childress Addition
MLS Listing ID 384959
Bedrooms 8
Full Baths 4
Year Built 2006
Annual Tax Amount $2,465
Lot Size 0.276 Acres
Property Sub-Type Duplex
Property Description
Turnkey duplex investment opportunity in the heart of Foley! This fully renovated property features two spacious units with 4 bedrooms and 2 baths, totaling over 3,250 sq. ft. of living space. Each unit has been upgraded with brand-new kitchens, stainless steel appliances, cabinetry, plumbing, tankless water heaters, HVAC systems, flooring, and fresh paint throughout. A new fortified roof provides long-term durability and insurance savings Currently leased and producing $3,600 per month ($43,200 annually), tenants pay their own utilities for ease of ownership. Investors will find strong cash flow with minimal maintenance needs, thanks to the complete renovation. Conveniently located near downtown Foley, schools, shopping, and just minutes to the Gulf Coast beaches. Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Area Foley 2
Interior
Heating Electric,Central
Cooling Central Electric (Cool)
Flooring Engineered Vinyl Plank
Exterior
Exterior Feature Termite Contract
Parking Features None
Community Features None
Utilities Available Riviera Utilities
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Composition,Fortified Roof
Building
Lot Description Less than 1 acre
Story 1
Foundation Slab
New Construction No
Schools
Elementary Schools Foley Elementary
Middle Schools Foley Middle
High Schools Foley High