200 W 1st Avenue

    Gulf Shores, AL 36542
    • $799,000
    • STATUS: Active
    • ON SITE: 157 days
    • MLS #: 279581
    UPDATED: 25 min ago
    $799,000
    • 6
      BEDS
    • N/A
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 4,224
      SQFT
    • $189
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2004
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    6 BEDROOMS, 6 BATHS of WOW! Over 4200 square feet of absolute RENTAL MACHINE! This REVENUE GOLDEN EGG producer is located just a block from the Gulf of Mexico and has an amazing panoramic view of the Gulf and Gulf Place. This amazing building rents like a duplex with a full 3 bedroom, 3 bath separate living area on each level with mirror image den, kitchen, and dining floorplan...over 2100 sqft on each level (top and bottom). Huge 50 X 197' lot covers the entire corner. 2 levels of revenue-- Top floor produced $59,000 in 2018. Bottom floor was not rented in 2018. Year to date rental top floor $16,000 Year to date bottom floor $22,000 Projected Revenue- Gross $65,000 each level = $130,000. Guaranteed beach access is just steps away and restaurants, festivals, shopping, and all of the Gulf Place attractions are just a short walk down the street. Sold completely furnished with tons of parking and lots of room for guests....bring the big family reunions, weddings, and large parties! Call today for your private showing. Buy now and reap the benefits of the peak rental season!

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    Listing information © 2019 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 Elite Real Estate Solutions. Data last updated 2019-07-19T12:27:41.873.
    www.eliterealestatehomes.com/homes/91745620

    200 W 1st Avenue Gulf Shores, AL 36542

    • Price: $799,000
    • Status: Active
    • Updated: 25 min ago
    • MLS #: 279581
    6
    Beds
    6
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,224
    SQFT
    $189
    $/SQFT
    2004
    Built
    Neighborhood:
    Gulf Shores 1
    County:
    Baldwin
    Area:
    Gulf Shores 1
    Elementary School:
    Gulf Shores Elementary
    Middle School:
    Gulf Shores Middle
    High School:
    Gulf Shores
    Property Description
    6 BEDROOMS, 6 BATHS of WOW! Over 4200 square feet of absolute RENTAL MACHINE! This REVENUE GOLDEN EGG producer is located just a block from the Gulf of Mexico and has an amazing panoramic view of the Gulf and Gulf Place. This amazing building rents like a duplex with a full 3 bedroom, 3 bath separate living area on each level with mirror image den, kitchen, and dining floorplan...over 2100 sqft on each level (top and bottom). Huge 50 X 197' lot covers the entire corner. 2 levels of revenue-- Top floor produced $59,000 in 2018. Bottom floor was not rented in 2018. Year to date rental top floor $16,000 Year to date bottom floor $22,000 Projected Revenue- Gross $65,000 each level = $130,000. Guaranteed beach access is just steps away and restaurants, festivals, shopping, and all of the Gulf Place attractions are just a short walk down the street. Sold completely furnished with tons of parking and lots of room for guests....bring the big family reunions, weddings, and large parties! Call today for your private showing. Buy now and reap the benefits of the peak rental season!
    Exterior Features

    Boat Facilities None Construction Foundation Wood Frame Exterior Finish Concrete Board Garage Parking Double CarportThree Or More Vehicles Lot Description Less Than 1 AcreCorner LotLevel Lot Size 50 X 197 Roof Metal View Indirect Gulf-Across Rd

    Interior Features

    Appliances DishwasherDisposalDryerRange-ElectricRefrigerator W/Ice MakerWasher Bedroom2 Dimensions 12X12 Bedroom2 Level Main Level Bedroom3 Dimensions 12X12 Bedroom3 Level Main Level Bedroom4 Dimensions 14X12 Bedroom4 Level 2 Bedroom5 Dimensions 12X12 Bedroom5 Level 2 Dining Area Lvg/Dng Combo Elevators 0 Floors CarpetWood Furnished Yes Heat Cooling Central Electric Kitchen Dimensions 12X13 Kitchen Level Main Level Living Rm Dimensions 16X18 Living Rm Level Main Level Master Bedroom Dimensions 14X12 Master Bedroom Level Main Level Property Interior Stories Two

    Property Features

    Association Fees 0 Community Amenities InternetPets - Allowed Condo Building Stories 2 Construction Status Resale Energy Saving Features Ceiling Fan(S) Fairhope Single Tax No Incm Producing Potential Yes Lead Paint Disclosure No Lot Block Unit 2 Number Lots 2 Possession At Closing Property Amenities Bunk AlcoveCableCeiling Fan(S)Covered PatioEn-SuiteInternetOpen PorchStorage-OutWet Bar Property Taxes 3047.70 Rental Program No Restrictive Covenants No Style Raised Beach Terms Of Sale CashConventional Utilities Baldwin EmcGulf Shores Utilities Water Property Type Beach Accs (Wlk <=1/4 Mi) Zoning Area 2+ Family Residence

    Listing provided courtesy of Swiger & Company. Listing information © 2019 Baldwin County Association of REALTORS® MLS.


    Listing information © 2019 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 Elite Real Estate Solutions. Data last updated 2019-07-19T12:27:41.873.
     
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