606 ,,, 706 N Alston Street, Foley, AL 36535
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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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Savannah Moore

Savannah Moore

+1(251) 752-6831
$ 1,349,000
Est. payment /mo
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606 , , , 706 N Alston Street Foley, AL 36535

20 Beds

10 Baths

8,468 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 8,468 sqft

Price per Sqft $159

Subdivision Magnolia Sprg Lnd

MLS Listing ID 381247

Bedrooms 20

Full Baths 10

Construction Status Resale

Year Built 1977

Annual Tax Amount $6,717

Lot Size 0.430 Acres

Lot Dimensions 150' x 125' + 2 more

Property Sub-Type Multi Family

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 County

Interior

Heating Electric

Flooring Luxury Vinyl Plank

Fireplaces Type None

Fireplace No

Appliance Other

Exterior

Parking Features On Street

Community Features Fencing, None

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Metal

Garage No

Building

Story 1

Foundation Slab

New Construction No

Construction Status Resale

Schools

Elementary Schools Foley Elementary

Middle Schools Foley Middle

High Schools Foley High

Others

Senior Community No

Ownership Whole/Full

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Listed by RE/MAX Paradise

NEARBY SCHOOLS & PROPERTIES

Savannah Moore

Savannah Moore

Advisor | License ID: 149647-1

+1(251) 752-6831

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606 ,,, 706 N Alston Street