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.
Active
$1,300,000
601 Ashley Cir, Brewton, AL 36426
2beds
15,068sqft
Est.:
Multi Family
Built in 1971
-- sqft lot
$-- Zestimate®
$86/sqft
$-- HOA
What's special
Two acresCentral air and heatElectric range
- 74 days
- on Zillow |
- 269 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: February 10, 2025 at 12:39pm
Listed by:
Thomas Hines PHONE:251-363-5144,
Hines Realty, LLC
Source: Baldwin Realtors,MLS#: 373949

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Central
Cooling
- Electric
Appliances
- Included: Dishwasher, Electric Range, Refrigerator
Features
- Flooring: Carpet, Luxury Vinyl Plank, Tile, Vinyl
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 15,068
- Total interior livable area: 15,068 sqft
Property
Parking
- Parking features: None
Features
- Levels: One
- Stories: 1
- Has view: Yes
- View description: None
- Waterfront features: No Waterfront
Lot
- Size: 4 Acres
Details
- Parcel number: 1504201008010003
- Zoning description: Other-See Remarks
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Slab
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 1971
Utilities & green energy
- Sewer: Public Sewer
- Water: City of Brewton Water
- Utilities for property: Cable Connected
Community & HOA
Community
- Features: None
- Subdivision: Brewton
HOA
- Has HOA: No
Location
- Region: Brewton
Financial & listing details
- Price per square foot: $86/sqft
- Tax assessed value: $885,570
- Annual tax amount: $9,121
- Price range: $1.3M - $1.3M
- Date on market: 2/10/2025
- Listing terms: Other
- Ownership: Whole/Full
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