531 W Laurel Avenue, Foley, AL 36535

$739,000

bedrooms

bathrooms

square feet

3,743

Acreage

0.59

Open Houses

year built

Full Baths

Half Baths

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This charming six-plex, built in 1925, is a historical gem located just steps from Foley Downtown. With only four owners in nearly a century, this property sits on a little over half an acre. Currently operated as a 55+ community, it's consistently 100% occupied. Walking distance to Foley Elementary and Middle Schools, and downtown with all you need doctor's offices, vet clinic, restaurants, shops - you name it. South Baldwin Regional Medical Center, Police Department, Municipal Court, DMV, Riviera Utilities and more are located within 2 miles radius. The two-story building houses six units, each offering 1 bedroom and 1 bathroom and its own kitchen. Five units are on the main floor, while one occupies the upstairs level. All units come equipped with individual mini-split A/C systems. Coin laundry is available for common use. There's also a full basement, not in use by tenants, offering extra potential. Ample on-site parking is available for tenant convenience. Utilities are included in the tenant's monthly payments. The property underwent a renovation in 2018, with updated electrical, plumbing, sprinkler, and smoke detector systems, ensuring modern functionality in a historic setting. Buyer to verify all information during due diligence.

Location
Subdivision	None
County	Baldwin
Elementary School	Foley Elementary
Middle School	Foley Middle
High School	Foley High

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 367907

Listing agent: Alla Nikitina #108869

Listing broker: Hosteeva Realty (251) 747-0097

Copyright © 2025 Baldwin County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 3:14 p.m. EDT

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