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22716 Al Hwy 59, Robertsdale, AL 36567

$189,900
  • 22716 Al Hwy 59, Robertsdale, AL 36567 Main Photo

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Featured Listing New to the Market Active
BEDS7 BATHS5 full SQUARE FEET2,313 MLS#412912
STATUSActive PROPERTY TYPEMulti Unit - Multiple

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.

22716 Al Hwy 59 | MLS# 412912

This multi-family property located at 22716 Al Hwy 59, Robertsdale, AL 36567 is currently listed for sale by Bellator Real Estate, LLC Spanish Fort, with an asking price of $189,900. Search Robertsdale real estate on www.gobellator.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Window Unit(s)
Heating: Electric
Home Style: Four Or More
Property Type: Triplex
Stories: 1.0
Taxes: $1,946
Year Built: 1945

Amenities

Internet
Ceiling Fan(s)

Feature Descriptions

Appliances: Cooktop, Microwave, Dishwasher
Community Features: None
Living Room: GreatRoom, LivingRoom, LivingDining
Lot: Less Than 1 Acre
Possible Use: Commercial, Multi-Family, Single Family
Property Amenities: Internet, CeilingFans
Utilities: Robertsdale Utilities
Waterfront: NoWaterfront

Local Schools

High School: Robertsdale High
Middle School: Central Baldwin Middle
Elementary School: Robertsdale Elementary

Listed By / Shown By

agent picture

Listed By

Agency Name: Bellator Real Estate, LLC Spanish Fort
Agent Name: Troy Wilson
Agency Phone: (251) 604-3300

Estimate Your Payment

Estimated Payment

$ 1,128.39 per month $910.84 Principal & Interest $162.17 Property Tax $55.39 Homeowner's Insurance

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