531 W Laurel Avenue Foley, AL 36535
4-10, Multi-Story - Foley, AL
Property size:
3,743 SFLot size:
0.59 AcresPrice / SF:
$181/SF- Added:
- Sep 13, 2024
- Days on Market:
- 602
- Last Refresh:
- May 7 at 2:06 pm
Property Features for 531 W Laurel Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Appliances
- Cooktop, Range, Range - Electric
- Standard status
- Active
- APN
- 05-54-09-29-3-000-005.002
- Size
- 3,743 SF
- Lot size
- 0.59 Acres
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Flooring type
- Laminate, Tile, Wood
- Building materials
- Brick
- Roof type
- Metal, Tile
- Architectural style
- Other
Listing agent Alla Nikitina License #108869 (251) 923-6475
Listing office Ryals Realty, Inc 956 Commerce Loop, AL (251) 747-0097
Listing date Sep 13, 2024
MLS# 367907
Listing URL
Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 100% Occupancy: Ensures immediate income as a 55+ community.
- Prime Location: Walking distance to downtown Foley, schools, and essential services.
- Updated Systems: Renovated in 2018 with updated electrical, plumbing, sprinkler, and smoke detector systems.
- Six Individual Units: Each unit features 1 bedroom, 1 bathroom, and a kitchen, equipped with mini‑split A/C systems.
- Historical Significance: Charming six‑plex built in 1925, well‑maintained with only four owners.
- Ample Parking & Full Basement: On‑site parking for tenants and a full basement offering additional potential.
Overview
Historical Six-Plex Near Foley Downtown
This historical six-plex, constructed in 1925, is situated near Foley Downtown. The two-story building, with only four owners in nearly a century, is located on a little over half an acre. The property is currently operated as a 55+ community and maintains 100% occupancy. Each of the six units features 1 bedroom, 1 bathroom, and a kitchen. Five units are located on the main floor, with one unit occupying the upstairs level. All units include individual mini-split A/C systems. A coin laundry is available for common use. The property also features a full basement, not currently in use by tenants, offering extra potential. Ample on-site parking is available. Utilities are included in the tenant's monthly payments. The property underwent a renovation in 2018, which included updated electrical, plumbing, sprinkler, and smoke detector systems. The property is located within walking distance of Foley Elementary and Middle Schools, and downtown amenities including doctor's offices, a vet clinic, restaurants and shops. South Baldwin Regional Medical Center, Police Department, Municipal Court, DMV, and Riviera Utilities are located within a 2 miles radius. The property size is 3743 square feet and the lot size is 0.59 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Love Lady Center ...
Medical Clinic
Wright Chandra C
Law Firm
Murchison & Howard LLC
Law Firm
Location Insight
- Map
- Local Demand
- City
- Foley
- County
- Baldwin
- State
- Alabama
- Longitude
- -87.69314
- Latitude
- 30.406055
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Charming 6-unit building near downtown Foley, fully occupied.
Where is this apartment building located?
The property is located at 531 W Laurel Avenue Foley, AL.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 100% Occupancy: Ensures immediate income as a 55+ community.; Prime Location: Walking distance to downtown Foley, schools, and essential services.; Updated Systems: Renovated in 2018 with updated electrical, plumbing, sprinkler, and smoke detector systems.
