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Triplex

2,500 Sqft - 15777 Renee Marie Drive, Gulf Shores, Alabama 36542

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Property Description

INVESTMENT OPPORTUNITY! THREE HOUSES ON ONE LOT! 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. Each house has 2 bedrooms, 1 bathroom, living room, kitchen and utility sheds plumbed for washer and dryers. House “C” Rents for $925 per month (768 sq ft. is the original house, built in 1985). House “B” was moved onto the property in 1985 and has approx. 868 sq ft and is on septic. This home also rents for $925 a month. House “A” was built in 2004 and has approx. 864 sq ft. This home is on sewer 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. All are rented on 12 month leases. 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.

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : 311188
Price : $398,900
Bedrooms : 6
Rooms : 0
Bathrooms Total : 3
Bathrooms Full : 0
Half Bathrooms : 0
Square Footage : 2,500 Sqft
Year Built : 2004
Lot Area : 0 Acre
SqFt Above Grade : 0 Sqft
Property Sub-type : Triplex
Property Status : Active
RETS STATUS : Active
Style : Single Story
Features
Garage Capacity : 0
Property Interior Stories : 1
# of Fireplaces : 0
Construction Status: : Resale
Kitchen Dimensions : 10X10
Address Map
Country : US
State : AL
County : Baldwin
City : Gulf Shores
Zipcode : 36542
Street : Renee Marie Drive
Street Number : 15777
Directions : Head West on Highway 180 approx. 5 miles. Turn right onto Meeker Lane in between the Dollar General and Chevron Gas Station. Renee Marie Dr is on the left right past the gas station.
Direction : E
Subdivision/Complex Name : AL
Area : Gulf Shores 1
Floor Number : 0
Longitude : W88° 14' 46.4''
Latitude : N30° 15' 13.1''
Address : 15777 E Renee Marie Drive
MLS Addon
Annual Tax : $0
SqFt Finished Basement : 0 Sqft
SqFt Unfinished Basement : 0 Sqft
HOA Fees : $0
Parcel : 67-05-15-4-001-023.000
Price Per SQFT : $160
Off Market Date : 01/01/1970
DOM : 90
Previous Asking Price : $398,900
High School : Gulf Shores
Building Total Units : 0
Elementary School : Gulf Shores Elementary
Rented Price/SqFt : $0
Rented Price : $0
Residential Income For Sale
  • Listing ID : 311188
  • Bedrooms : 6
  • Bathrooms Full : 0
  • Square Footage : 2,500 Sqft
$398,900
Agent info
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