614 Nichols Avenue

    Fairhope, AL 36532
    • $940,000
    • STATUS: Active
    • ON SITE: 24 days
    • MLS #: 276737
    UPDATED: 31 min ago
    $940,000
    • 2
      BEDS
    • N/A
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,638
      SQFT
    • $574
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2016
    County:
    Area:

    School Information

    Elementary School:
    High School:

    Description

    The possibilities are endless! Established and profitable Short Term Rental on AirBnB and VRBO platforms. Zoned B1 and built in 2016, these two 720sf rental units each have a their own private luxury bath and gourmet kitchen with a shared space between the two with laundry and another full bath. The real estate, furnishings, golf cart and website are all included in this turn key sale. Manage it yourself as a lifestyle business, or treat it as an investment and hire a professional host. Behind the electric gates is a lavishly landscaped retreat with beautiful, contemporary indoor and outdoor spaces. Construction completed in 2016 and the building is gold fortified and built to commercial codes. Opportunities to grow revenue include preliminary designs for an additional two story two unit micro-cottage on the attached lot, marketing the property as an event venue, and increasing occupancy rates of existing units. The sale includes two lots - the additional lot is PPIN 361758 and is contained inside of the fenced, gated space. It includes landscaping, storage shed, game court, decking, and wood fired pizza oven with an herb garden growing on top. The property is gated and in operation. Please make an appointment to see the property so that you don't disturb guests!

    Monthly Payment Calculator



    Listing information © 2018 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 2018-12-14T11:27:50.113.
    www.eliterealestatehomes.com/homes/89522770

    614 Nichols Avenue Fairhope, AL 36532

    • Price: $940,000
    • Status: Active
    • Updated: 31 min ago
    • MLS #: 276737
    2
    Beds
    3
    Baths
    0
    ½ Baths
    N/A
    Acres
    1,638
    SQFT
    $574
    $/SQFT
    2016
    Built
    Neighborhood:
    Fairhope 6
    County:
    Baldwin
    Area:
    Fairhope 6
    Elementary School:
    Fairhope Elementary
    High School:
    Fairhope High
    Property Description
    The possibilities are endless! Established and profitable Short Term Rental on AirBnB and VRBO platforms. Zoned B1 and built in 2016, these two 720sf rental units each have a their own private luxury bath and gourmet kitchen with a shared space between the two with laundry and another full bath. The real estate, furnishings, golf cart and website are all included in this turn key sale. Manage it yourself as a lifestyle business, or treat it as an investment and hire a professional host. Behind the electric gates is a lavishly landscaped retreat with beautiful, contemporary indoor and outdoor spaces. Construction completed in 2016 and the building is gold fortified and built to commercial codes. Opportunities to grow revenue include preliminary designs for an additional two story two unit micro-cottage on the attached lot, marketing the property as an event venue, and increasing occupancy rates of existing units. The sale includes two lots - the additional lot is PPIN 361758 and is contained inside of the fenced, gated space. It includes landscaping, storage shed, game court, decking, and wood fired pizza oven with an herb garden growing on top. The property is gated and in operation. Please make an appointment to see the property so that you don't disturb guests!
    Exterior Features

    Boat Facilities None Garage No Garage/Carport Lot Size 100 X 150 Roof Metal View None/Not Applicable Water Property Type No Waterfront

    Interior Features

    Appliances DishwasherMicrowaveRange-GasRefrigerator W/Ice MakerSmoke DetectorStack Washer/Dryer Furnished Yes Heat Cooling Heat PumpHeat Pump (Cool)Zoned

    Property Features

    Community Amenities Bbq AreaFencingInternetLandscapingLaundry FacilitiesGated Fairhope Single Tax 0 Property Amenities Ceiling Fan(S)High CeilingsInternetIrrigation SprinklerOpen PorchPatioSecurity LightingStorage-InStorage-OutStorage BuildingWindow Treatments Property Taxes 1244.4 Property Type Duplex Style Single Story Terms Of Sale CashConventional Type Of Listing Exclusive Right To Sell Utilities Fairhope Utilities

    Listing provided courtesy of Urban Property. Listing information © 2018 Baldwin County Association of REALTORS® MLS.


    Listing information © 2018 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 2018-12-14T11:27:50.113.
     
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