531 W Laurel Ave

Foley, AL 36535 | Other

$649,000

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0.59 acres

Listing Courtesy of

Alla Nikitina

Description

RARE ? Upscale / Historic 6 Plex Downtown Foley Built in 1917 by a successful Foley businessman this large historic home was gently converted into a 6-Plex apartment with fully updated electrical and plumbing and even sprinkler system.?The property is currently operated as a 55+ only apartment complex.? Always fully occupied.? And in impeccable condition.?Rare opportunity as this property has only changed hands 4 times in 100 years.? Ideally located less than 1 mile from the hospital and most city services.? And less than 2 miles from the mall and Walmart.?

Property Details

Property Type Multi-Family Status Active MLS # 30776426

structure

Total Baths 0

characteristics

Acres 0 lot size area 0.59 lot size units acres

tax

parcel number 05-54-09-29-3-000-005.002 zoning B-2

contract

listing terms Cash to Seller, Purchase Money Mortgage, Sale/Leaseback

compensation

Buyer Agency Comp. 3%
The buyer agent compensation offered only applies to participants and data share participants of the Gulf Coast CMLS.