$875,000
$899,000
2.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
3 Baths
1,638 SqFt
SOLD DATE : 12/03/2024
Key Details
Sold Price $875,000
Property Type Single Family Home
Sub Type Cottage
Listing Status Sold
Purchase Type For Sale
Square Footage 1,638 sqft
Price per Sqft $534
Subdivision Fairhope
MLS Listing ID 369006
Sold Date 12/03/24
Style Cottage
Bedrooms 2
Full Baths 3
Construction Status Resale
Year Built 2016
Annual Tax Amount $4,182
Lot Size 7,623 Sqft
Lot Dimensions 49.9 x 151.9 each
Property Description
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.
Location
State AL
County Baldwin
Area Fairhope 6
Interior
Interior Features Central Vacuum, Ceiling Fan(s), Internet
Heating Other
Cooling Other
Flooring Other Floors-See Remarks
Fireplace Yes
Appliance Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked, Cooktop
Laundry Main Level, Inside, Common Area
Exterior
Parking Features Detached, Double Carport
Community Features BBQ Area, Fencing, Internet, Gated
Utilities Available Fairhope Utilities
Waterfront Description No Waterfront
View Y/N No
View None/Not Applicable
Roof Type Metal
Garage No
Building
Lot Description Less than 1 acre
Story 1
Architectural Style Cottage
New Construction No
Construction Status Resale
Schools
Elementary Schools Fairhope West Elementary
Middle Schools Fairhope Middle
High Schools Fairhope High
Others
Pets Allowed Allowed, More Than 2 Pets Allowed
Ownership Whole/Full
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