$1,150,000
Estimated Payment$5,431/mo
Multi-Family For Sale

318 State Highway 59 N, Summerdale, AL 36580

12Beds
12Baths
5,634Sq. Ft.
Multi-Family Home In Summerdale

2.3 Acres with just over 5900 total square feet in 8 cottages, 10 Units. 2 storage areas. One of the storage areas could become a 11th Unit with little expense. All Units are Furnished and Rented by the Week. All of the units have been recently updated and more updates are currently being done! Property is in Heart of Summerdale and directly on State Highway 59. There is ample room for the expansion of these units in the B-2 business zoning in Summerdale, Al.

318 State Highway 59 N is a multi family-home located in Baldwin, the 36580 ZIP Code, and the Summerdale School and Elberta High School attendance zones.

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318 State Highway 59 N
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Location
318 State Highway 59 N Summerdale, AL 36580
Home Details

MLS Details

General

  • Days on Homes.com: 38
  • MLS Number: 328814
  • Listed: 7/2/2022
  • Last Updated: 8/9/2022
  • Offered By: Re/Max of Gulf Shores
  • Listing Source: Re/Max
Monthly Payment Calculator

$5,431

Estimated Mortgage
Principal & Interest
$3,879
Insurance
$403
Taxes
$1,150
Mortgage Insurance
$0
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Include PMI: Private Mortgage Insurance (PMI) is required by lenders if the down payment is less than 20% of the home price. It is recommended to include this field if your down payment is less than 20% of the home price.
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If you or your spouse are active or retired military you may be eligible for special VA loan programs for veterans. The VA loan programs include benefits like no down payment and no private mortgage insurance (PMI).
Nearby Schools
  • Public Middle & High School

    Grades: 7-10Students: 583

    Attendance Zone

    8
    Out of 10
  • Public Elementary & Middle School

    Grades: PK-8Students: 540

    Attendance Zone

    5
    Out of 10
School data provided by GreatSchools
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The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs and consider family needs as a part of the school selection process.
Points of Interest

Military Bases

Distance
  • OLF Barin U.S. Naval Reserve
    10.1 mi
  • Whiting Field - U.S. Navy
    20.0 mi

Shopping Centers

Distance
  • Buckhead Center
    0.6 mi
  • Live Oak Suites
    1.9 mi
Listing Agent
Charles Ogletree
RE/MAX of Gulf Shores
Summerdale, AL
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Visit Site Source

$1,150,000

12 Beds12 Baths5,634 Sq. Ft.

318 State Highway 59 N

Summerdale, AL 36580

Charles Ogletree
RE/MAX of Gulf Shores