3252 sqft | 8 beds | 4 baths | 0.28 acres | #384959
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.
Property Details
- AppliancesDishwasher, Microwave, Electric Range, Refrigerator w/Ice Maker
- RoofComposition, Fortified Roof
- InteriorCeiling Fan(s), Storage
- CoolingCentral Electric (Cool)
- ViewNone/Not Applicable
- SubdivisionChildress Addition
- HeatingElectric, Central
- Utility FeaturesRiviera Utilities
- Parcel Number5409292000142.012
- Lot FeaturesLess than 1 acre
- Lot DescriptionLess than 1 acre
- Exterior FeaturesTermite Contract
- Exterior MaterialsTermite Contract
- Elementary SchoolFoley Elementary
- Waterfront FeaturesNo Waterfront
- Middle SchoolFoley Middle
- High SchoolFoley High
- OwnershipWhole/Full
- Property TypePurchase
- CountyBaldwin
- Taxes Annual$2,465
- MLS #384959
- Cost525000
- Property SubtypeDuplex
- MLS #384959
- Structure TypeDuplex
- Property ConditionResale
- Acres0.276
- Square Feet3252
- Year Built2006
- FoundationSlab
- Bedrooms8
- Bathrooms4
- Full Baths4
- Stories1
Location
Legal
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Last Updated:Â . Source: BALDWIN
Provided By
Listing Agent: Kimberly Kelly (#22048), Email: KimTatum10@gmail.com
Listing Office: RE/MAX of Orange Beach (#44)
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