1106 2nd Street, Daphne, AL 36526
1106 2nd Street, Daphne, AL 36526
1106 2nd Street, Daphne, AL 36526
1106 2nd Street, Daphne, AL 36526
1106 2nd Street, Daphne, AL 36526
1106 2nd Street, Daphne, AL 36526
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$ 629,999
Est. payment | /mo

8 Beds

8 Baths

3,960 SqFt


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$ 629,999
Est. payment | /mo
Save

8 Beds

8 Baths

3,960 SqFt

Key Details

Property Type Multi-Family

Sub Type Four To Ten Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,960 sqft

Price per Sqft $159

Subdivision Park City

MLS Listing ID 395706

Style Multi Story

Bedrooms 8

Full Baths 8

Construction Status Resale

HOA Y/N No

Rental Info Yes

Year Built 1979

Property Sub-Type Four To Ten Units

Source Baldwin County

Property Description

This 4-unit multifamily property in the Seacliff area of Daphne presents a rare opportunity for investors seeking both immediate cash flow and long-term upside. Each unit offers a spacious 2-bedroom, 2-bathroom layout of approximately 990 square feet, making it highly attractive to tenants in today's rental market. The property has seen significant recent improvements, including a brand-new roof installed in 2025, along with various interior and exterior updates. With all units separately metered and no HOA restrictions, operating expenses remain efficient.Current rents are below market, providing a clear path to increased income through stabilization and improved management. Estimated stabilized rents approach $5,500 per month, offering strong potential for value creation.Located just minutes from local shopping, dining, and Mobile Bay, this property benefits from consistent rental demand in one of Baldwin County's most sought-after submarkets. Whether you're looking to expand your portfolio, execute a value-add strategy, or explore future redevelopment potential, this property delivers flexibility and opportunity. Buyer to verify all information during due diligence. RENT-TO-OWN OPTION AVAILABLE. Please contact us for more information.

Location

State AL

County Baldwin

Interior

Cooling Electric

Flooring Luxury Vinyl Plank

Fireplace No

Appliance Microwave, Dishwasher, Refrigerator

Exterior

Parking Features Condo Lot Parking

Community Features None

Utilities Available Riviera Utilities, Cable

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Metal

Building

Architectural Style Multi Story

Construction Status Resale

Schools

Elementary Schools Daphne Elementary

Middle Schools Daphne Middle

High Schools Daphne High

Others

Special Listing Condition None

Listed by Waters Edge Realty

Nearby School & Business

Amanda Eckart

+1(251) 409-7275

amanda@cyhrealty.com

1 Chase Corporate Dr Suite 400, Hoover , Alabama 35244, USA

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