About 1106 2nd Street
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.
Features of 1106 2nd Street
| MLS® # | 395706 |
|---|---|
| Price | $629,999 |
| Bedrooms | 8 |
| Bathrooms | 8.00 |
| Full Baths | 8 |
| Square Footage | 3,960 |
| Year Built | 1979 |
| Type | Residential Income |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 1106 2nd Street |
|---|---|
| Subdivision | Park City |
| City | Daphne |
| County | Baldwin County |
| State | AL |
| Zip Code | 36526 |
Amenities
| Amenities | None |
|---|---|
| Utilities | Riviera Utilities, Cable Connected |
| Parking | Parking Lot |
| View | None/Not Applicable |
| Is Waterfront | No |
| Waterfront | No Waterfront |
| Has Pool | No |
Interior
| Interior | Luxury Vinyl Plank |
|---|---|
| Appliances | Dishwasher, Microwave, Refrigerator |
| Cooling | Central Electric (Cool) |
| Fireplace | No |
| # of Stories | 1 |
| Stories | One |
| Has Basement | No |
Exterior
| Exterior | Wood Siding |
|---|---|
| Roof | Metal |
| Construction | Resale |
| Foundation | Slab |
School Information
| Elementary | Daphne Elementary |
|---|---|
| Middle | Daphne Middle |
| High | Daphne High |
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
Listing Details
| Office | Waters Edge Realty |
|---|---|
| Contact Info | PHONE: 415-636-2508 |