22716 Al Hwy 59, Robertsdale, AL 36567
22716 Al Hwy 59, Robertsdale, AL 36567
22716 Al Hwy 59, Robertsdale, AL 36567
22716 Al Hwy 59, Robertsdale, AL 36567
22716 Al Hwy 59, Robertsdale, AL 36567
22716 Al Hwy 59, Robertsdale, AL 36567
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IXL Real Estate Eastern Shore

IXL Real Estate Eastern Shore

+1(251) 254-2272
$ 189,900
Est. payment | /mo

7 Beds

5 Baths

2,313 SqFt


Save
$ 189,900
Est. payment | /mo
Save

7 Beds

5 Baths

2,313 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,313 sqft

Price per Sqft $82

MLS Listing ID 412912

Style Four Or More

Bedrooms 7

Full Baths 5

Construction Status Resale

HOA Y/N No

Rental Info Yes

Year Built 1945

Property Sub-Type Triplex

Source Baldwin County

Property Description

Income Producing investment opportunity on Highway 59 in the heart of Robertsdale (ALDOT 2025 Traffic Reports 12,313). This property offers excellent visibility along one of Baldwin County's primary north-south corridors. Currently operated as an occupied multi-family/affordable housing property with reported gross scheduled rents of $31,680 annually and estimated NOI of $18,964, providing an approximate 9.99% cap rate at the $189,900 asking price. Continue operating as an income-producing property or explore potential future commercial use/redevelopment, subject to zoning and governmental approvals. Excellent opportunity for an investor seeking current cash flow with longer term commercial potential. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Interior

Interior Features Internet, Ceiling Fan(s)

Heating Electric

Cooling Window Unit(s)

Fireplace No

Appliance Cooktop, Microwave, Dishwasher

Heat Source Electric

Exterior

Parking Features On Street, Three Or More Vehicles, No Garage/Carport Parking

Pool None

Community Features None

Utilities Available Robertsdale Utilities

Waterfront Description No Waterfront

Roof Type Composition Shingle

Garage No

Building

Lot Description Less Than 1 Acre

Architectural Style Four Or More

Construction Status Resale

Schools

Elementary Schools Robertsdale Elementary

Middle Schools Central Baldwin Middle

High Schools Robertsdale High

Others

Special Listing Condition None, Other/See Remarks

Listed by Bellator Real Estate, LLC Spanish Fort

Nearby Locations

IXL Real Estate Eastern Shore

IXL Real Estate Eastern Shore

Company

+1(251) 254-2272

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22716 Al Hwy 59