AL
Baldwin
Gulf Shores
36542
15777 Renee Marie Drive
15777 Renee Marie Drive, Gulf Shores, AL 36542
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Listing Type
other
Listing Status
active
26
$429,000

Home Details for 15777 Renee Marie Drive

Price
$429,000
Type
Residential
Bedrooms
6
Bathrooms
3.0
Square feet
2574
Year built
2004
Lot size acres
0.745
County
Baldwin
Garage
Days on site
96
MLS Listing#
380938
Property Description

Prime investment opportunity, triplex in Gulf Shores! This income-producing triplex in Gulf Shores presents an excellent investment opportunity, boasting a spacious lot with three distinct houses. Located conveniently behind dollar general and chevron on Fort Morgan Road, this property offers a solid rental income stream with significant potential for increased revenue. House "A," (built in 2004, renovated 2024): This recently gutted and fully updated home provides approximately 864 square feet of living space, 2 bedrooms and 1 bathroom, and spacious screen porch. HVAC age: 2019. Rents for $1350 per month. This unit uses a septic tank. House "B" (relocated to the property in 1985) offers around 868 square feet of living space with 1 bedroom and a loft being used as a second bedroom, along with 1 bathroom, this home rents for $1,000 per month and is on city sewer. HVAC replaced three years ago. House "C" (built 1985) the original house on the property, this unit features 768 square feet. with 2 bedrooms and 1 bathroom. It currently rents for $1,075 per month and is on city sewer. All 3 houses have access to city water, central heating and air, & separate utility meters. Tenants do wish to stay but are on a month to month lease, offering flexibility to the new owner regarding lease terms and occupancy. With current leases, this triplex grosses $41,100 annually, demonstrating immediate income potential! Buyer to verify all information during due diligence.

Property Features
  • Utilities
    • Cable Available
    • Cable Connected
  • Cooling Information
    • Ceiling Fan(s)
  • Heating Information
    • Electric
  • Water Features
    • Public
  • House Interior
    • Ceiling Fan(s)
School Information
School Information for 15777 Renee Marie Drive, Gulf Shores, AL 36542
Elementary School
Gulf Shores Elementary
Middle School
Gulf Shores Middle
High School
Gulf Shores High
Listing Courtesy: Roberts Brothers Inc. Gulf Coa - 251-974-5625
The data relating to real estate for sale on this web-site comes in part from the Internet Data Exchange Program of Baldwin County Association of REALTORS. Baldwin County MLS deems information reliable but not guaranteed.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting.
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Market statistics compiled from data from Baldwin County MLS.
EXIT REALTY GULF SHORES
3725 Gulf Shores Pkwy, Gulf Shores, AL 36542
Office
251 974 1288
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