$109,000
$81 / sq ft
4 Beds
2 Baths
1,344 square feet
Listing courtesy of Next Chapter Home & Realty, Karla Trizzino-Smith
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.
MLS# 412912
$109,000
$81 / sq ft
4 Beds
2 Baths
1,344 square feet
Listing courtesy of Next Chapter Home & Realty, Karla Trizzino-Smith
$123,129
$201 / sq ft
1 Bed
1 Bath
612 square feet
Listing courtesy of Real Broker, LLC, Lisa Granger
$143,000
$234 / sq ft
1 Bed
1 Bath
612 square feet
Listing courtesy of Real Broker, LLC, Lisa Granger