606 ,,, 706 N Alston Street, Foley, AL 36535
606 ,,, 706 N Alston Street, Foley, AL 36535
606 ,,, 706 N Alston Street, Foley, AL 36535
606 ,,, 706 N Alston Street, Foley, AL 36535
606 ,,, 706 N Alston Street, Foley, AL 36535
606 ,,, 706 N Alston Street, Foley, AL 36535
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Judy Simonds

Judy Simonds

+1(850) 525-6411
$ 1,349,000
Est. payment | /mo

20 Beds

10 Baths

8,468 SqFt

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$ 1,349,000
Est. payment | /mo
Save Video Tour

20 Beds

10 Baths

8,468 SqFt

Key Details

Property Type Multi-Family

Sub Type Four To Ten Units

Listing Status Active

Purchase Type For Sale

Square Footage 8,468 sqft

Price per Sqft $159

Subdivision Magnolia Sprg Lnd

MLS Listing ID 381247

Style Single Story

Bedrooms 20

Full Baths 10

Construction Status Resale

HOA Y/N No

Rental Info No

Year Built 1977

Property Sub-Type Four To Ten Units

Source Baldwin County

Property Description

Rare Investment Opportunity – Prime Location in Foley, AL. Don't miss this exceptional opportunity to acquire 10 apartment units each offering two bedrooms and one bath across three parcels (PPIN #396767, #72683, and #48020) located near each other in one of Foley's fastest-growing and most desirable areas. The property was remodeled in 2022 with upgrades including stainless appliances, wood-look vinyl flooring, fresh paint, butcher block kitchen islands, and in-unit laundry rooms. Strategically located just one block off Highway 59, these parcels offer excellent visibility and access—ideal for both immediate income generation and future commercial development. Zoned B-1 (Local Business District), residential use is no longer permitted under current zoning. However, the existing units are operating under legal non-conforming status, allowing continued residential occupancy. Whether you're looking for rental income or a high-profile redevelopment opportunity, this property provides both flexibility and potential. Highlights: •10 total apartment units • 3 separate parcels: PPIN #396767, #72683, #48020 •Zoned B-1 with legal non-conforming residential use •Property remodeled in 2022 •Excellent exposure just one block from Hwy 59 •Strong rental potential + future redevelopment opportunity** See attached document regarding zoning and rental information from the City of Foley. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Interior

Heating Electric

Flooring Luxury Vinyl Plank

Fireplaces Type No Fireplace

Fireplace No

Appliance Other/See Remarks

Heat Source Electric

Exterior

Parking Features On Street

Community Features None, Fencing

Utilities Available Baldwin EMC

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Metal

Building

Architectural Style Single Story

Construction Status Resale

Schools

Elementary Schools Foley Elementary

Middle Schools Foley Middle

High Schools Foley High

Others

Special Listing Condition None

Listed by RE/MAX Paradise

Schools and Properties Nearby

Judy Simonds

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(850) 525-6411

judy@judysimonds.com

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606 ,,, 706 N Alston Street