USAALDaphneBay ForestB206-500 Grant St
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$149,000

For Sale

6 months ago

B206 - 500 Grant St, Daphne, AL

House

MLS® 395666

2 Bed

2 Bath

873 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type Attached
Levels Residential
Size 873 sqft
Garage 
Taxes 
Days Active 171
Lot Size 
Approx. Age 1983
Avg. Price Per Sqft $170
MLS® Number 395666

Property Address: b206-500 Grant St, Daphne, AL, 36526-7276

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

Description

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.
MLS® Number395666
Laundry Level
Central VacNo
FireplaceYes
Acreage
Exterior
Garage
Approx. Age1983
Basement
DrivewayCondo Assigned Parking
Garage Spaces
HeatElectric
A/CElectric

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 24, 2026List Date
$149,000List Price
  • Commute

Commute

Starting Address
Destination Address
500 Grant St, Daphne, AL

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