$780,000
$850,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4 Baths
1,736 SqFt
SOLD DATE : 07/10/2020
Key Details
Sold Price $780,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,736 sqft
Price per Sqft $449
MLS Listing ID 299687
Sold Date 07/10/20
Bedrooms 4
Full Baths 4
Construction Status Resale
Year Built 1998
Annual Tax Amount $2,437
Lot Size 2.500 Acres
Property Description
ATTENTION ALL INVESTORS! 14 income producing properties, for a total of $127,800 per year! Recent rent roll changes has made this income a potential of $132,000 per year as of 4 parcels being sold in this sale PPIN: 26720, 26719,107505, 107506 there are septic tanks for each unit. most units have storage sheds in the back. all units are fenced in. On the property there is an 1872 sqft shop on a concrete slab with plumbing and a/c. tenants are responsible for lawn care. Owner pays for water as there are 5 water wells that service the tenants. tenants have the option to get water through perdido bay water at tenant expense. water lines are in place just need connecting on duplexes . Owners also pay for street light totaling no more than $500 per month. zoning allows for additional accesory dwellings. please bring offers with buyers pre approval letters attached to the documents.
Location
State AL
County Baldwin
Area Lillian
Interior
Heating Electric
Flooring Vinyl
Fireplace Yes
Appliance Convection Oven, Microwave, Refrigerator, Cooktop
Exterior
Exterior Feature Termite Contract
Garage Attached, Automatic Garage Door
Fence Fenced
Community Features None
Utilities Available Riviera Utilities
Waterfront No
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Composition
Parking Type Attached, Automatic Garage Door
Garage No
Building
Story 1
New Construction No
Construction Status Resale
Schools
Elementary Schools Elberta Elementary
High Schools Elberta High School
Others
Ownership Whole/Full
Special Listing Condition HUD Owned
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Bought with Keller Williams AGC Realty - Orange Beach