About 15142 Marem Drive
Stylish and Income-Generating Foley Home with Assumable Mortgage! This beautiful 3-bedroom, 2-bathroom home is a rare find in Foley, Alabama. Built in 2017 and recently painted, the property is in excellent condition and boasts modern features throughout. With an assumable mortgage and reliable tenant already in place, you can enjoy immediate rental income for the year, making this a smart investment opportunity you won't want to miss! Located in a neighborhood close to schools, parks, and entertainment options, while still offering a peaceful retreat away from the bustling city. HOME IS OCCUPIED. DO NOT DISTURB TENANTS. SELLER NOW OFFERING $5,000 TOWARDS BUYERS CLOSING COSTS WITH ACCEPTABLE OFFER. Buyer to verify all information during due diligence.
Features of 15142 Marem Drive
| MLS® # | 379337 |
|---|---|
| Price | $259,999 |
| Bedrooms | 3 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,236 |
| Acres | 0.18 |
| Year Built | 2017 |
| Type | Residential |
| Sub-Type | Cottage |
| Status | Active |
Community Information
| Address | 15142 Marem Drive |
|---|---|
| Area | Baldwin |
| Subdivision | Marem Place |
| City | Foley |
| County | Baldwin |
| State | AL |
| Zip Code | 36535 |
Amenities
| Utilities | Baldwin EMC, Baldwin Co Sewer Service |
|---|---|
| Parking | Single Garage |
| View | None/Not Applicable |
| Is Waterfront | No |
| Waterfront | No Waterfront |
| Has Pool | No |
| Pool | None |
| Boat Facilities | None |
Interior
| Interior Features | Internet |
|---|---|
| Appliances | Cooktop, Microwave, Dishwasher, Convection Oven |
| Heating | Electric |
| Fireplace | No |
| Fireplaces | No Fireplace |
| # of Stories | 1 |
| Has Basement | No |
Exterior
| Lot Description | Less Than 1 Acre |
|---|---|
| Roof | Composition Shingle |
School Information
| Elementary | Magnolia School |
|---|---|
| Middle | Foley Middle |
| High | Foley High |
Additional Information
| Date Listed | May 16th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | $110 |
| HOA Fees Freq. | Annually |