$819,000
For Sale

2147 Henrietta Fulford Place

Gulf Shores, AL 36542
5472 sqft | 12 beds | 8 baths | 0.22 acres | #376137
Browse 34 photos
Type:Multi-Family
Structure:Duplex/Multi-Unit
Zone:Residential

Description

Income-Generating Fourplex in Gulf ShoresWelcome to a fantastic investment opportunity in the highly sought-after Gulf Shores area! This fourplex is generating an impressive $73,200 annually in rental income, offering a stable cash flow for investors. Located just minutes from stunning beaches, local attractions, and dining options, this property offers both convenience and value.Property Features:    •    Four Units: Each unit is spacious and have an open concept floor plan with a total of 5,472 Sq Ft. 1,368 Sq Ft per unit. providing comfortable living for tenants.    •    Strong Rental History: Consistently generating $73,200 per year in rental income, showcasing a solid and reliable return on investment.    •    Prime Location: Situated in Gulf Shores, a popular destination for tourists and residents alike, offering year-round rental potential.    •    Easy Maintenance: The building is in excellent condition with updated features, making it a hassle-free investment.    •    Parking and Outdoor Space: Ample parking for tenants and additional outdoor space for relaxation.This is an ideal property for those looking to capitalize on Gulf Shores’ growing rental market. This fourplex offers a rare chance to own a piece of one of Alabama’s most beautiful coastal cities.Don’t miss out on this high-return property – schedule a tour today! Buyer to verify all information during due diligence.

  • Property Details
      • AppliancesDishwasher, Disposal, Microwave, Electric Range, Refrigerator
      • Elementary SchoolGulf Shores Elementary
      • Middle SchoolGulf Shores Middle
      • SubdivisionHenrietta Fulford
      • Parcel Number6706060004075.000
      • Exterior FeaturesTermite Contract
      • Exterior MaterialsTermite Contract
      • CoolingCeiling Fan(s)
      • Waterfront FeaturesNo Waterfront
      • Property TypeMulti-Family
      • Property SubtypeMulti Family
      • Parking FeaturesParking Lot
      • RoofComposition
      • High SchoolGulf Shores
      • Structure TypeMulti-Story
      • OwnershipWhole/Full
      • HeatingElectric
      • CountyBaldwin
      • ViewWooded
      • Utility SourcePublic
      • Taxes Annual$4,499
      • MLS #376137
      • Cost819000
      • MLS #376137
      • Property ConditionResale
      • Acres0.22
      • Square Feet5472
      • Year Built2006
      • FoundationSlab
      • Bedrooms12
      • Bathrooms8
      • Full Baths8

Location

Lindsey MilamReal Estate Group
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