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MLS® ID: 279581

200 W 1st Avenue

Gulf Shores, Alabama, 36542

$799,000 Active
  • 6 Beds
  • 6 Baths
  • 4224 SQFT
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 courtesy of Swiger & Company

Amenities

  • Full baths
    6
  • Half baths
    0
  • Full Baths Range
    4+ Baths
  • Total Baths
    6
  • Zip
    36542
  • Office name
    Swiger & Company
  • SQFT
    4224
  • Bedrooms
    6
  • Property type
    Residential Detached
  • Zoning type
    2+ Family Residence
  • Elementary school
    Gulf Shores Elementary
  • Junior high
    Gulf Shores Middle
  • High school
    Gulf Shores
  • Year built
    2004
  • Lot size
    50 x 197
  • Heating
    Central Electric
  • Agent name
    David & Angie Swiger Team
  • Tax amount
    $ 3047.7
  • Purchase Type
    Active
  • HOA fees
    $ 0
  • Price Range
    $700k-$800k
  • Square Feet Range
    4000-5000 sq ft.
  • Bedrooms Range
    6 Beds
  • Year Built Range
    2000-2009
  • Office ID
    204
  • Agent ID
    265

Location

Virtual Tours

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