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$319,999
6 Beds ⋅ 3 Baths ⋅ 409429 MLS
**7845 Claremont Dr., Foley, AL 36535** Excellent income-producing investment opportunity in Foley! This property features **two separate mobile homes**, each offering **3 bedrooms and 2 bathrooms**, providing a total of six bedrooms and four bathrooms across two residences. Both homes are in good condition and are currently producing rental income. **Home #1 currently rents for $1,800 per month, and Home #2 rents for $1,500 per month**, generating a combined **$3,300 in monthly rental income and $39,600 in annual gross income**. At the asking price of **$319,999.99**, the current rents represent an approximate **12.38% gross annual return before expenses**. This property offers flexibility for investors looking to add established rental income to their portfolio or for an owner-occupant interested in living in one residence while collecting income from the other. With two separate 3-bedroom residences already generating income, the property provides immediate cash flow along with the potential for future rental growth. Conveniently located in **Foley, Alabama**, with access to shopping, schools, employment centers, restaurants, and the Alabama Gulf Coast. Whether you're looking for a straightforward rental investment, a multi-residence property, or an opportunity to offset your housing costs with rental income, **7845 Claremont Dr. offers a compelling combination of income and versatility.** **** Asking Price: **$319,999.99** | Current Monthly Rent: **$3,300** | Current Annual Gross Rent: **$39,600** | Approximate Gross Yield: **12.38%** | Two Separate Residences | Each Residence: **3 BR / 2 BA** *Investment figures are based on current reported rental income and are provided for informational purposes only. Gross return does not account for property taxes, insurance, maintenance, vacancy, management, financing, or other ownership expenses. Buyer to verify all property information, rental income, leases, and investment figures during due diligence.* Buyer to verify all information during due diligence.

7845 Claremont Unit A & B, Foley

$170,000
3 Beds ⋅ 2 Baths ⋅ 408346 MLS
ACREAGE, PRIVACY, AND AFFORDABILITY IN FOLEY! Perfectly positioned just off Highway 98, this fantastic double-wide mobile home offers the rare combination of peaceful country living and unbeatable convenience. Sitting on nearly an acre, the property boasts a gorgeous, private setting surrounded by neighboring acreage properties that give you true room to breathe. Lovingly maintained and in very good, move-in-ready condition, this home is ready for its next owner. Major components offer great peace of mind, including a metal roof (approx. 12 years old), a water heater replaced about 5 years ago, and a reliable 2014 HVAC system. Step outside to enjoy the serene surroundings from your choice of a covered front porch spanning the length of the home or the relaxing back porch. Whether you are looking to downsize, invest, or break into the Foley real estate market with your own slice of land, this exceptional property is a must-see!

12556 Woodland Dr, Foley

$189,000
4 Beds ⋅ 2 Baths ⋅ 407435 MLS
There are 2 homes on this property which is just shy of 1 ac. The larger trailer is 28X60 with 1680 Sq Ft. 4 Bedrooms/ 2 Bathrooms 1996 unit with a very large porch on the front. The smaller trailer is 14X70 with 980 Sq Ft., 3 Bedrooms/ 2 bathrooms 2000. Super for an investment property. Live in the larger listing and rent the back single wide to make your monthly payments. Current tenant would like to stay and is paying $1100 per month. Super tenant works for the current owner. He is month to month. Seller has several people wanting to rent both units for $1500 and $1700 per month but seller would like for buyer to choose their own tenants. The double wide has straps and permits for tie downs and upgrade of the large porch. Please give 24 hours notice for showing and use showing time. Buyer to verify all information during due diligence.

12075 Kenner, Foley

$215,000
3 Beds ⋅ 2 Baths ⋅ 397447 MLS
Enjoy country living with plenty of space in this 3 bedroom, 2 bath double-wide mobile home situated on almost an acre of land. This property features a roomy layout, perfect for comfortable everyday living, large primary bathroom with double vanity, separate shower and tub, and two walk in closets. This property also offers a large storage shed for all your tools and outdoor equipment. With a spacious yard, there’s plenty of room for gardening, entertaining, or simply relaxing and taking in the quiet surroundings. This is an equitable interest listing where seller is selling only an option contract or assigning an interest in a contract, such as a purchase and sale agreement or a contract for deed. In this situation, the seller does not have legal title to the property, but the equitable interest gives seller the right to acquire legal title. Buyer to verify all information during due diligence.

15349 Springfield Ct, Foley

$179,900
3 Beds ⋅ 2 Baths ⋅ 388864 MLS
Motivated seller. BRING ALL OFFERS! Great fixer-upper or investment opportunity. Seller offering up to $8,600 in concessions at closing with an acceptable offer for roof improvements. This AS-IS WHERE IS 3 bedroom, 2 bath double wide offers 1,620 sq ft of living space and sits on an unzoned .83 acre lot providing the possibility of adding a second dwelling to the lot with income potential. Conveniently located just minutes from OWA, 20 minutes to the beach, and a 20 minute drive to Florida. This property features a large 33' x 10' enclosed rear porch, 20' x 8' covered front porch, hurricane anchors to slab, small shed, mature blackberry bushes, and a chicken coop. Whether your looking to renovate or invest, this property has so much potential. Bring all offers! Buyer to verify all information during due diligence.

11960 Woodland Ave, Foley

© Baldwin County Association of Realtors, Inc. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Broker Reciprocitysm Program. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Information last updated on .