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500 Grant Street #D114, Daphne, AL 36526

Daphne
Local realty services provided by:CENTURY 21 Busch Realty Group
500 Grant Street #D114,Daphne, AL 36526
$149,000
  • 2 Beds
  • 2 Baths
  • 873 sq. ft.
  • Single family
  • Active
Listed by: evan burns, james ossler
Office: roberts brothers inc. - gulf coast
MLS#:395670
Source:AL_BCAR

Price summary

  • Price:$149,000
  • Price per sq. ft.:$170.68
  • Monthly HOA dues:$250

About this home

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...

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Home facts

  • Year built:1983
  • Subdivision & Development:Bay Forest
  • Listing ID #:395670
  • Added:139 day(s) ago
  • Updated:September 11, 2026 at 06:41 PM

Rooms and interior

  • Bedrooms:2
  • Total bathrooms:2
  • Full bathrooms:1
  • Half bathrooms:1
  • Flooring:Luxury Vinyl Plank, Tile
  • Kitchen Description:Electric Range, Refrigerator
  • Living area:873 sq. ft.

Heating and cooling

  • Cooling:Electric
  • Heating:Electric

Structure and exterior

  • Roof:Composition Shingle
  • Year built:1983
  • Building area:873 sq. ft.
  • Lot Features:Some Trees
  • Architectural Style:Condo
  • Exterior Features:Covered Patio, Storage
  • Levels:1 Story

Schools

  • High school:Daphne High
  • Middle school:Daphne Middle
  • Elementary school:Daphne Elementary

Finances and disclosures

  • Price:$149,000
  • Price per sq. ft.:$170.68

Features and amenities

  • Appliances:Electric Range, Refrigerator
  • Pool features:In Ground

Parking

  • Parking description:Condo Assigned Parking

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