2147 Henrietta Fulford Place Active Save Request In-Person Tour Request Virtual Tour
Gulf Shores,AL 36542
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,472 sqft
Price per Sqft $149
Subdivision Henrietta Fulford
MLS Listing ID 376137
Bedrooms 12
Full Baths 8
Construction Status Resale
Year Built 2006
Annual Tax Amount $4,499
Lot Size 9,583 Sqft
Property Sub-Type Multi Family
Property 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.
Location
State AL
County Baldwin
Area Gulf Shores 1
Interior
Heating Electric
Cooling Ceiling Fan(s)
Flooring Carpet,Tile
Fireplaces Type None
Fireplace No
Appliance Dishwasher,Disposal,Microwave,Electric Range,Refrigerator
Exterior
Exterior Feature Termite Contract
Parking Features Parking Lot
Community Features None
Waterfront Description No Waterfront
View Y/N Yes
View Wooded
Roof Type Composition
Garage Yes
Building
Foundation Slab
Water Public
New Construction No
Construction Status Resale
Schools
Elementary Schools Gulf Shores Elementary
Middle Schools Gulf Shores Middle
High Schools Gulf Shores
Others
Ownership Whole/Full