500 Grant Street B106, Daphne, AL

$149,000

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2

Beds

2

Baths

873

Square feet

About 500 Grant Street B106

INVESTOR OPPORTUNITY! Seven units are available for purchase together or separately, offering flexibility for investors looking to add to their portfolio or acquire a cash-flowing package. The seller would prefer a portfolio sale but will consider individual offers. The four occupied units are offered together for $572,000, with $63,700 in gross annual income, $41,392 NOI, and a 7.24% pro forma cap rate. These figures are based on historical performance and are provided for informational purposes only; future income, expenses, and returns are not guaranteed and may change. For reference, the individual MLS numbers for the four occupied units are: 395674, 395671, 395670, 395666. Seller will pay off the temporary HOA special assessment at closing. The remaining three units are vacant and move-in ready, with a $5,000 seller concession available toward closing costs or a 2-1 rate buydown. For reference, the individual MLS numbers for the three vacant units are: 395673, 395672, 395668. The seller is ready to make a deal! Call today for details, financials, or package options. Buyer to verify all information during due diligence.

Features of 500 Grant Street B106

MLS® # 395668
Price $149,000
Bedrooms 2
Bathrooms 2.00
Full Baths 1
Half Baths 1
Square Footage 873
Year Built 1883
Type Residential
Sub-Type Condo
Status Active

Community Information

Address 500 Grant Street B106
Area Baldwin
Subdivision Bay Forest
City Daphne
County Baldwin
State AL
Zip Code 36526

Amenities

Utilities Total Electric, Daphne Utilities, Riviera Utilities, Water Heater Electric
Parking No Garage/Carport Parking
View None/Not Applicable
Is Waterfront No
Waterfront No Waterfront
Has Pool No
Boat Facilities None

Interior

Interior Features Ceiling Fan(s)
Appliances Dryer, Washer, Microwave, Dishwasher, Refrigerator
Heating Central
Cooling Electric
Fireplace No
Fireplaces No Fireplace
# of Stories 1
Has Basement No

School Information

Elementary Daphne Elementary
Middle Daphne Middle
High Daphne High

Additional Information

Date Listed April 24th, 2026
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees $250
HOA Fees Freq. Monthly

Listing Map

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