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.
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
Days on Site: 1
Living Room: GreatRoom, LivingRoom, LivingDining
Lot: Less Than 1 Acre
Possible Use: Commercial, Multi-Family, Single Family
Property Amenities: Internet, Ceiling Fans
Utilities: Robertsdale Utilities
Local Schools
High School: Robertsdale High
Middle School: Central Baldwin Middle
Elementary School: Robertsdale Elementary
Listed By / Shown By
Listed By
Agency Name: Bellator Real Estate, LLC Spanish Fort
Shown By
Agent Name: Pat Rowland
Agent Phone: (251) 269-9434
Estimate Your Payment
Estimated Payment
$ 1,128.39 per month $910.84 Principal & Interest $162.17 Property Tax $55.39 Homeowner's InsuranceChange Payment Information
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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 patrowland.gobellator.com today.