439 Kinzalow Lane Active

Gulf Shores,AL 36542

$ 1099000

8 Beds

4 Baths

2331 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,331 sqft

Price per Sqft $471

Subdivision Fort Morgan

MLS Listing ID 363624

Style Raised Beach

Bedrooms 8

Full Baths 4

Construction Status Resale

Year Built 2014

Annual Tax Amount $4,773

Lot Size 9,931 Sqft

Property Description

Investor's Dream! Gulf Front Fort Morgan Luxury. Excellent income producing investment property or Family Home. One mile East of Fort Morgan Marina. The duplex rental income producing property has deeded walking access to the Gulf beach and beautiful views from the front porches. Walk down the drive to the Gulf. Close to the marina (boater's dream) and Ft Morgan State Park. Newly remodeled and beautifully decorated, these are beautiful beach homes. Four bedrooms and 2 baths on each side; As a bonus, one bedroom on both sides is a bunk room located off the back porch. Sides are connected/divided by a double locking door on back porches. It is perfect to share or separate these beach homes. Approximately 1200 sq feet each side. 350 sq ft of porches each side. Great rental for large families or groups who need two houses. $80,000 average in rental income. $110,000 projection by rental management company. Perfect for investors or for someone who wants to live in one side and rent out the other or perhaps even a family that wants to go together to purchase a family beach house. Offered just in time for Gulf Coast Summer rental season. Gulf Shores is a very sought after island resort and Fort Morgan adds the perfect balance of beach, privacy and all the fun things to do close by. The room dimensions listed are per duplex side. Move in and rental ready, you won't need to do one thing to begin living in or renting this beach haven. Rental revenue past and 2024 available. Huge bonus: No HOA. You will love the area. From large parties to family rentals, this beautiful property offers so much. Must see. Tour today! Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Fort Morgan

Zoning Single Family Residence

Interior

Interior Features Bunk Alcove,Ceiling Fan(s)

Heating Electric,Central

Cooling Central Electric (Cool)

Flooring Carpet,Tile

Fireplace No

Appliance Dishwasher,Disposal,Dryer,Refrigerator w/Ice Maker,Washer,ENERGY STAR Qualified Appliances

Exterior

Parking Features Double Carport

Community Features None

Utilities Available Cable Connected

Waterfront Description Beach Accs (Wlk <=1/4 Mi)

View Y/N Yes

View Direct Gulf-Across Rd

Roof Type Metal,Fortified Roof

Garage Yes

Building

Story 1

Foundation Pillar/Post/Pier

Sewer Baldwin Co Sewer Service

Architectural Style Raised Beach

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

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