Gloria Crump
This listing was posted on RealtyWW.
$390,000
E Renee Marie Dr, Gulf Shores, Home For Sale
Price:
$390,000
BR/BA:
6 BR, 3 BA
Location:
15777 E Renee Marie Dr, Gulf Shores, AL
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 and Deli, and Plane Sudz Laundromat on Ft Morgan Rd! Mo's Landing Park and 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. 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 a septic tank. 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 and 1 bathroom. HVAC replaced two years ago. All 3 houses have access to city water, central heating and air, and 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 and rent very easily. Lot is approximately 0.74 acres with majestic Live Oaks and 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 and permission. Buyer to verify all info.For more details: https://realtyww.info/homes_gulf-shores-d535710/for-sale_i76892681
Property Type:
Single-Family Houses
Amenities:
Patio/Deck
For sale by:
Agent/Broker
Posted:
October 16 on RealtyWW
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to RealtyWW
Important Safety Tips
These might be signs of fraud:
- Really cheap prices
- Irregular email adresses
- Contact info in pictures
To learn more, visit the Safety Center or click here to report this listing.