Description
Unique and rare opportunity smack dab in the MIDDLE of Gulf Shores. Literally can walk to any place in the City in just a few minutes, including the beach. Existing 1940s concrete block duplex is always occupied and remains rentable. However the parcel has been subdivided and is now 2 lots! These lots are suitable for a Single Family home each. There is already some redevelopment on that street with a couple very high end custom homes. Property is accessed from both West 2nd Street, and Oleander Cove, a private access at the rear of the property. Both Units are occupied under long term rental. Each unit contains 2Br/1Ba. One unit rents for $1100/m second one for $1300/m.
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4BEDS
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N/AACRES
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2BATHS
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01/2 BATHS
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1,494SQFT
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$218$/SQFT
School Information
Description
Unique and rare opportunity smack dab in the MIDDLE of Gulf Shores. Literally can walk to any place in the City in just a few minutes, including the beach. Existing 1940s concrete block duplex is always occupied and remains rentable. However the parcel has been subdivided and is now 2 lots! These lots are suitable for a Single Family home each. There is already some redevelopment on that street with a couple very high end custom homes. Property is accessed from both West 2nd Street, and Oleander Cove, a private access at the rear of the property. Both Units are occupied under long term rental. Each unit contains 2Br/1Ba. One unit rents for $1100/m second one for $1300/m.
Listing information © 2021 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 Mobile Bay Realty. Data last updated 2021-12-08T19:27:39.047.
Listing provided courtesy of Ryals Realty Services, Inc. Listing information © 2021 Baldwin County Association of REALTORS® MLS.