22716 Al Hwy, Robertsdale, AL 36567
- $189,900
- 7
- BD
- 5
- BA
- 2,313
- SqFt
- List Price
- $189,900
- Status
- ACTIVE
- MLS#
- 412912
- Bedrooms
- 7
- Bathrooms
- 5
- Living Area
- 2,313
- County
- Baldwin
- Region
- Baldwin
- Legal Description
- 75' X 141' FIRST ADD TO R'DALE BLK 12 LOT 17 & PT 16 SEC 6-T 6S-R4E
- Year Built
- 1945
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.
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Additional Information
- Roof
- Composition
- Appliances
- Cooktop, Microwave, Dishwasher
- Stories
- 1
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Listing courtesy of Bellator Real Estate, LLC Spanish Fort.
© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .