Description
INVESTMENT OPPORTUNITY - Long term rental machines! THREE HOUSES on 150 x 218 Lot in GULF SHORES! Grossing $2750 per month / $33,000 annually. The Lot is approximately .74 of an acre with natural shade from mature Live Oaks on the property. Utility sheds plumbed for washer and dryers. House "C Rents for $925 per month and is on septic (768 sq ft. is the original house, built in 1985 is 2BR & 1BA). House "B was moved onto the property in 1985 and has approx. 868 sq ft, is 1BR plus loft & 1BA and is on city sewer. This home also rents for $925 a month. House "A was built in 2004 and has approx. 864 sq ft, is 2BR & 1BA. This home is on septic and rents for $900 / month. All have city water, central heat and air and separate meters. The houses have been renovated over the past couple of years and rent very easily. Great for investment or live in one and the rent from the other 2 pay all your costs. Same renters for the past couple of years. There is plenty of parking space on the lot as well enough to store either RV or boats. Dollar General, Chevron, Butcher Block and Coffee Shop are a stone throw away! A couple of minutes from Little Lagoon Boat Launch and public beach in Fort Morgan.
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5BEDS
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0.74ACRES
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3BATHS
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01/2 BATHS
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2,500SQFT
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$156$/SQFT
School Information
Description
INVESTMENT OPPORTUNITY - Long term rental machines! THREE HOUSES on 150 x 218 Lot in GULF SHORES! Grossing $2750 per month / $33,000 annually. The Lot is approximately .74 of an acre with natural shade from mature Live Oaks on the property. Utility sheds plumbed for washer and dryers. House "C Rents for $925 per month and is on septic (768 sq ft. is the original house, built in 1985 is 2BR & 1BA). House "B was moved onto the property in 1985 and has approx. 868 sq ft, is 1BR plus loft & 1BA and is on city sewer. This home also rents for $925 a month. House "A was built in 2004 and has approx. 864 sq ft, is 2BR & 1BA. This home is on septic and rents for $900 / month. All have city water, central heat and air and separate meters. The houses have been renovated over the past couple of years and rent very easily. Great for investment or live in one and the rent from the other 2 pay all your costs. Same renters for the past couple of years. There is plenty of parking space on the lot as well enough to store either RV or boats. Dollar General, Chevron, Butcher Block and Coffee Shop are a stone throw away! A couple of minutes from Little Lagoon Boat Launch and public beach in Fort Morgan.
Listing information © 2021 Baldwin County Association of REALTORS® MLS. IDX information is provided 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. Data is deemed reliable but is not guaranteed accurate by the MLS or Avast Realty, LLC.. Data last updated 2021-10-19T22:27:36.18.
Listing provided courtesy of Coastal Leaders Realty Group. Listing information © 2021 Baldwin County Association of REALTORS® MLS.