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450 Park Avenue #105, 304, 313, 814, 815, 816 Foley, AL 36535
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Key Details
Sold Price $899,000
Property Type Multi-Family
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,900 sqft
Price per Sqft $130
Subdivision Park Avenue
MLS Listing ID 381499
Bedrooms 15
Full Baths 12
HOA Fees $2,483/mo
Year Built 2007
Annual Tax Amount $8,470
Lot Size 9.800 Acres
Property Sub-Type Multi Family
Property Description
HUGE INVESTMENT OPPORTUNITY! Here's a rare chance to acquire six income-producing units at Park Ave Condos in Foley—being sold together as one package. This offering includes a mix of three 3-bedroom/2-bath units and three 2-bedroom/2-bath units; 5 of 6 units are currently leased under long-term rental agreements. Steady occupancy and strong rental history make this a solid portfolio addition or 1031 exchange candidate. Units are well-maintained and located conveniently close to local shopping, dining, schools, and just a short drive to the beaches. DON'T MISS THIS DEAL! Buyer to verify all information during due diligence.
Location
State AL
County Baldwin
Area Foley 2
Interior
Heating Electric
Cooling Ceiling Fan(s)
Flooring Tile, Luxury Vinyl Plank
Fireplaces Type None
Exterior
Parking Features Parking Lot
Pool Community, Association
Community Features BBQ Area, Gazebo, Internet, Landscaping, Pool - Outdoor
Utilities Available Cable Connected
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Composition
Building
Story 1
Foundation Slab
Sewer Baldwin Co Sewer Service, Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Foley Elementary
Middle Schools Foley Middle
High Schools Foley High
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Bought with Realty Executives Gulf Coast
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