INVESTMENT OPPORTUNITY,,,,,,,,A great rental investment, 3 houses on one lot grossing $2750 pm = $33,000 PA. The Lot is approx. .74 of an acre with natural shade from mature live Oaks throughout the property. Each house has 2 bedrooms, 1 bathroom, living room, kitchen and utility sheds plumbed for washer and dryers. House C is the original house on the lot circa 1985 768 sq ft on septic, $925 a month, House B moved onto the property 1985 838 sq ft 925 a month on septic & house B built 2004 approx. 800 sq ft on sewer $900 per month. All have city water, central heat and air and separate meters. Each house has privacy fence and there is plenty of parking. The houses have been renovated over the past couple of years and rent very easily. Great for investment or live in one and the rent from the other 2 pay all your costs. All are rented on 12 month leases rarely ever vacant as there is such a high demand for long term rentals.
Off market
$376,800
15777 Renee Marie Ave E #A, Gulf Shores, AL 36542
6beds
3baths
2,642sqft
SingleFamily
Built in 2004
0.74 Acres Lot
$376,800 Zestimate®
$143/sqft
$2,926 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
Heating
- Forced air, Electric
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Cable
- Flooring: Tile, Laminate
Interior area
- Total interior livable area: 2,642 sqft
Property
Features
- Exterior features: Vinyl, Wood
- Fencing: Partial
Lot
- Size: 0.74 Acres
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Cottage
Materials
- Roof: Composition
Condition
- Year built: 2004
Utilities & green energy
- Utilities for property: Cable Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Gulf Shores
Other
Other facts
- Flooring: Tile, Laminate
- Appliances: Refrigerator, Smoke Detector, Electric Range
- HeatingYN: true
- Utilities: Cable Available
- ArchitecturalStyle: Cottage
- ExteriorFeatures: Partially Fenced
- Fencing: Partial
- Cooling: Central Air
- CommunityFeatures: Other
- BuildingFeatures: Other-See Remarks
- ConstructionMaterials: Vinyl, Wood
- Heating: Central Electric
- Roof: Composition Shingle
- SecurityFeatures: Smoke Detector(s)
- InteriorFeatures: Cable
- CoListAgentEmail: james@james-calvert.com
- CoListAgentFullName: James M Calvert
- MlsStatus: Active
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$376,800
2% more+$7,536
With Zillow Showcase(estimated)$384,336