Attention Investors! Fantastic opportunity in the heart of Foley with long-term tenants already in place. Located in a well-established neighborhood in Foley, this 3bedroom, 2 bath duplex features a storage area and private front porch. Buyer to verify all information during due diligence.
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.
This property consists of 4 units total (Two Separate Duplex Buildings). Each Duplex contains a 2BR/1BA and a 1BR/1BA for a total of 6 Bedrooms and 4 Bathrooms. Each unit has a large fenced yard. Less than 30 minutes to the beautiful white sandy beaches in Gulf Shores! Roof is approximately 5 years old. Buyer or buyer's agent to verify all information deemed necessary to make a decision including but not limited to room measurements and square footage. Buyer to verify all information during due diligence.
The median home value in Foley, AL is $163,300. This is lower than the county median home value of $210,900. The national median home value is $219,700. The average price of homes sold in Foley, AL is $163,300. Approximately 54.51% of Foley homes are owned, compared to 26.49% rented, while 18.99% are vacant. Foley real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Foley real estate agent to arrange a tour today!
Foley, Alabama 36535 has a population of 17,315. Foley 36535 is less family-centric than the surrounding county with 17.61% of the households containing married families with children. The county average for households married with children is 27.28%.
The median household income in Foley, Alabama 36535 is $42,468. The median household income for the surrounding county is $52,562 compared to the national median of $57,652. The median age of people living in Foley 36535 is 50.2 years.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 38.1 degrees. The average rainfall is approximately 65.9 inches per year, with 0.1 inches of snow per year.