1106 2nd Street $629,999

MLS#: 395706
Address: 1106 2nd Street
City / Zip: Daphne, AL 36526
Type: Residential Income

8

Bedrooms

Daphne

City

Overview

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This 4-unit multifamily property in the Seacliff area of Daphne presents a rare opportunity for investors seeking both immediate cash flow and long-term upside. Each unit offers a spacious 2-bedroom, 2-bathroom layout of approximately 990 square feet, making it highly attractive to tenants in today’s rental market. The property has seen significant recent improvements, including a brand-new roof installed in 2025, along with various interior and exterior updates. With all units separately metered and no HOA restrictions, operating expenses remain efficient.Current rents are below market, providing a clear path to increased income through stabilization and improved management. Estimated stabilized rents approach $5,500 per month, offering strong potential for value creation.Located just minutes from local shopping, dining, and Mobile Bay, this property benefits from consistent rental demand in one of Baldwin County’s most sought-after submarkets. Whether you’re looking to expand your portfolio, execute a value-add strategy, or explore future redevelopment potential, this property delivers flexibility and opportunity. Buyer to verify all information during due diligence. RENT-TO-OWN OPTION AVAILABLE. Please contact us for more information.

This listing is provided courtesy of Waters Edge Realty

Map

Map may not be 100% accurate.

Amenities

    Property Amenities

    • Interior Features

      • Microwave
      • Dishwasher
      • Refrigerator
    • Flooring

      • Luxury Vinyl Plank
    • Cooling

      • Electric
    • Fireplace

      • 0
    • Roof

      • Metal
    • Exterior Features

      • Riviera Utilities
      • Cable
    • Parking

      • Condo Lot Parking
    • Exterior Finish

      • Wood

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Additional Information

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