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USAALFoleyMagnolia Sprg Lnd606, , , 706 N Alston St
706 - 606, , , 706 N Alston St, Home with 20 bedrooms, 10 bathrooms and null parking in Foley AL | Image 1
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$1,650,000

706 - 606, , , 706 N Alston St, Foley, AL

Real Estate

For Sale

$--,---,---
20100
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 9984 sqft
Garage No
Taxes $6,717
Days Active 2
Lot Size 
Approx. Age 1977
Avg. Price Per Sqft $165
MLS® Number 381247

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Rare Investment Opportunity – Prime Location in Foley, AL. Don’t miss this exceptional opportunity to acquire 10 apartment units each offering two bedrooms and one bath across three parcels (PPIN #396767, #72683, and #48020) located near each other in one of Foley’s fastest-growing and most desirable areas. The property was remodeled in 2022 with upgrades including stainless appliances, wood-look vinyl flooring, fresh paint, butcher block kitchen islands, and in-unit laundry rooms. Strategically located just one block off Highway 59, these parcels offer excellent visibility and access—ideal for both immediate income generation and future commercial development. Zoned B-1 (Local Business District), residential use is no longer permitted under current zoning. However, the existing units are operating under legal non-conforming status, allowing continued residential occupancy. Whether you're looking for rental income or a high-profile redevelopment opportunity, this property provides both flexibility and potential. Highlights: •10 total apartment units • 3 separate parcels: PPIN #396767, #72683, #48020 •Zoned B-1 with legal non-conforming residential use •Property remodeled in 2022 •Excellent exposure just one block from Hwy 59 •Strong rental potential + future redevelopment opportunity** See attached document regarding zoning and rental information from the City of Foley. Buyer to verify all information during due diligence.Show Description
MLS® Number381247
Laundry Level
Central VacNo
FireplaceNo
Acreage0.4304
Exterior
GarageNo
Approx. Age1977
Basement
DrivewayOn Street
Garage Spaces
HeatElectric
A/C
Heating Fuel

Extras

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