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614 Nichols Avenue, Fairhope, AL 36532
- $899,000
- 2 Beds
- 3 Full Baths
- 1,638 sq ft
- Year Built: 2016
- Listing #369006
- Status: Pending
You can't BEAT the RETREAT! Take advantage of this unique Gold Fortified property built with poured in place concrete walls. Currently this DUPLEX generates income as a thriving short-term rental! The Retreat on Nichols is perfectly positioned near downtown Fairhope and comes FULLY FURNISHED. Enjoy easy access to shops, restaurants, public parks, the hospital and of course scenic Mobile Bay.This gated retreat includes two stylish micro-cottages, each 720 sqft with 1 bedroom and 1 bathroom, making them perfect for separate or combined rentals. Each unit comfortably sleeps up to four guests, featuring a king-size bed and a sleeper sofa. Amenities include shared storage, an additional bathroom, electric vehicle charging, outdoor gaming areas, a kitchen setup, a wood-fire oven, a fire pit, a shared laundry area, and generous parking on an adjacent lot included in the sale.Property is zoned B1 - Local Shopping District and offers ample opportunities for investors and savvy buyers. This property also offers the potential for conversion into office space, mixed use development or private suites. Build another dwelling unit or office building for value-add opportunities on the included vacant lot currently used as parking. PPINs 9591 & 361758 are included in the sale. Buyer to verify all information during due diligence.
Price | $899,000 |
---|---|
Bedrooms | 2 Beds |
Bathrooms | 3 Full Baths |
Year Built | 2016 |
Listing # | 369006 |
Status | Pending |
County | Baldwin |
Listing Type | For Sale |
Property Taxes (Annual) | $4,182.32 |
Square Feet | 1,638 |
---|---|
Floors | Other Floors-See Remarks |
Heating and Cooling | Other |
Laundry | Main Level, Inside, Common Area |
Exterior | Stucco, P-I-P Reinforced Concrete, Fortified-Gold |
---|---|
Roof | Metal |
Garage | Detached, Double Carport |
Lot Size | 0.18 acres |
MLS Area | Fairhope 6 |
---|---|
Measurement Source | Assessor |
Courtesy of Andrew Lewis, Lewis & Co. Real Estate251-284-5440
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.