Homes for sale - 15777 E Renee Marie Drive, Gulf Shores, AL 36542

Gulf Shores, AL 36542,15777 E Renee Marie Drive

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Melissa White

mwhite@gobellator.com +1(251) 752-9100

$ 375,000

Est. payment | -/mo

6 Beds

3 Baths

2,574 SqFt

Save

$ 375,000

Est. payment | -/mo

Save

6 Beds

3 Baths

2,574 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,574 sqft

Price per Sqft $145

MLS Listing ID 365599

Bedrooms 6

Full Baths 3

Construction Status Resale

Year Built 2004

Annual Tax Amount $2,434

Lot Size 0.740 Acres

Lot Dimensions 150 x 218

Property Description

CALLING ALL INVESTORS LOOKING FOR A DEAL! Sellers are open to OWNER FINANCING! Own not one, but THREE RENTAL HOUSES on a spacious 150 x 218 lot in Gulf Shores. Located directly behind Dollar General, Chevron, Fresh Market Seafood, Beach Bums Coffee & Deli, and Plane Sudz Laundromat on Ft Morgan Rd! Mo's Landing Park & Boat Launch on Little Lagoon and the public beach access on Mobile St are only a few minutes away! House "A" recently experienced a kitchen fire and has undergone a complete gutting in the kitchen. It is currently vacant. Prior to the tenant moving out, the combined monthly gross income for all three properties was $2,750, totaling an annual income of over $33,000 with the opportunity to easily earn more. The same renters have been leasing these homes for over 5 years at same amount. House "A," constructed in 2004, offers approximately 864 square feet of living space, 2 bedrooms and 1 bathroom, and spacious screen porch. HVAC age: 2019. Rents for $975 and has septic tank. House "B" was relocated to the property in 1985 and offers around 868 square feet of living space with 1 bedroom and a loft being used as a second bedroom, along with 1 bathroom, this home rents for $900 per month and is on city sewer. HVAC replaced two years ago. House "C" is currently rented for $950 per month and is on city sewer. This original 1985 house offers 768 square feet of living space, featuring 2 bedrooms & 1 bathroom. HVAC replaced two years ago. All 3 houses have access to city water, central heating and air, & separate utility meters. The utility sheds on the property are fully plumbed for washers and dryers, providing added convenience for tenants. Additionally, the houses have undergone renovations & rent very easily. Lot is approximately 0.74 acres with majestic Live Oaks & large common areas. Continue to rent all THREE houses or live in one while the rental income pays your expenses! Please do not access the property without an agent present & permission. Buyer to

Location

State AL

County Baldwin

Area Gulf Shores 1

Interior

Heating Electric

Cooling Ceiling Fan(s)

Flooring Laminate, Tile

Fireplaces Type None

Fireplace Yes

Appliance Electric Range

Exterior

Garage See Remarks, Three or More Vehicles

Fence Partial

Community Features None

Utilities Available Cable Connected

Waterfront No

Waterfront Description No Waterfront

View Y/N Yes

View Other-See Remarks

Roof Type Composition

Parking Type See Remarks, Three or More Vehicles

Garage No

Building

Story 1

Foundation Slab

Sewer Grinder Pump, Public Sewer, Septic Tank

Water Public

New Construction No

Construction Status Resale

Schools

Elementary Schools Gulf Shores Elementary

Middle Schools Gulf Shores Middle

High Schools Gulf Shores

Others

Pets Allowed More Than 2 Pets Allowed

Ownership Whole/Full

Listed by Coastal Leaders Realty Group

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Melissa White

REALTOR® | Lic# 29315

mwhite@gobellator.com

+1(251) 752-9100

24951 Perdido Beach Blvd., Suite 100 | Orange Beach, AL, 36561

15777 E Renee Marie Drive Gulf Shores, AL 36542

Melissa White

Key Details

Location

Interior

Exterior

Building

Schools

Others

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15777 E Renee Marie Drive