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601 Ashley Circle

Brewton, AL 36426

2 beds
1 bath
15,068 sqft
~4 acre lot
$86 per sqft
1971 build
– on site

Looking for a great investment opportunity in Brewton look no further. 601 Ashley Circle has 10 units of 2 bedroom 1 bath apartments with small laundry in each location with an avg rent of $700 per month. 605 Ashley is 6 units with one bedroom and 1 bath with an avg rent around $600. All units have central air and heat, electric range, and dishwasher. 601 Ashley was re roofed in the last 2 years. The two apartments sit on a total of two acres. There is an additional 1.68 acres parcel that could be developed for future rental properties. Zoned R-4 High Density Multi-family Residential. Every unit is 100% occupied and the demand in Brewton for rentals is only increasing. Both complexes and the adjoining land to be sold together. Seller will not split Buyer to verify all information during due diligence.

Listing courtesy of BCAR / Hines Realty, LLC

Last checked: Checking… • Last updated Feb 10, 2025 •

MLS# 373949 —

The Building

Year Built:

1971
New Construction:

false
Construction Materials:

Brick
Structure Type:

Single Story
Roof:

Composition
Foundation Details:

Slab
Stories:

1
Levels:

One
Building Area Total:

15068
Building Area Units:

Square Feet
Building Area Source:

Assessor

Interior

Flooring:

Carpet, Tile, Vinyl
Furnished:

Unfurnished
Fireplace:

false
Fireplace Features:

None

Room Dimensions

Living Area:

15068
Living Area Units:

Square Feet
Living Area Source:

Assessor

Financial & Terms

Ownership:

Whole/Full

Location

Directions:

From the intersection of Hwy 31 and Hwy 41 go North on Hwy 41 about 1.5 miles. Turn right on Pineview St. Ashley Cir will be on your left next to the Meadows Assisted Living

The Property

Property Type:

Residential Income
Property Subtype:

Multi Family
Property Condition:

Resale
Zoning Description:

Other-See Remarks
Parcel Number:

1504201008010003
Lot Size Area:

4
Lot Size Acres:

4
Lot Size SqFt:

174240
Lot Size Units:

Acres
View:

false
View:

None/Not Applicable
Water Source:

City of Brewton Water
Waterfront:

false
Waterfront Features:

No Waterfront

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

9121

Beds

Bedrooms Total:

2

Baths

Total Baths:

1
Total Baths:

1
Full Baths:

1

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Electric (Cool)
Cooling:

true

Utilities

Utilities:

Cable Connected
Sewer:

Public Sewer

Appliances

Appliances:

Dishwasher, Electric Range, Refrigerator

Schools

Elementary School:

Not Baldwin County
Middle Or Junior School:

Not Baldwin County
High School:

Not Baldwin County

The Community

Subdivision Name:

Brewton
Community Features:

None
Association:

false
Subdivision:

AL
Boat Facilities:

None

Parking

Garage:

false
Attached Garage:

false
Carport:

false
Parking Features:

None

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
2/10/25 Feb 10, 2025	Listed / Active	BCAR	$1,300,000

Multifamily For Sale

$1,300,000

Listing provided by broker:

Thomas Hines

Hines Realty, LLC

PHONE: 251-363-5144

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This multifamily located in Brewton, AL 36426 is currently for sale for $1,300,000. 601 Ashley Circle is a 15,068 square foot multifamily with 2 beds and 1 bath that has been on Estately for 45 days. This multifamily is in the attendance area of T.R. Miller High School, Brewton Middle School, and Brewton Elementary School.

Listing Courtesy of: BCAR and Hines Realty, LLC.

The information provided is exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information provided is deemed reliable but is not guaranteed and should be independently verified.