Calling all Investors! Looking for a property to accommodate multiple families at one time for strong rental income? This is it! Located in the popular Gulf Front neighborhood of Morgantown in Gulf Shores, this home offers a unique layout! The ground level features a 450sf studio with Kitchen, Murphy Bed & 2 hideaway Twin Beds, Living area and a full Bath. The main level of the home at approx. 1100sf offers a Living Area, Kitchen with Bar & Dining Table, 2 Bedrooms & 2 Bathrooms. The 3rd story of the home features a Crow's Nest at approx. 256sf where you'll enjoy views of the colorful beach community. The owner has currently been renting the Studio only on Airbnb and enjoying the main level & crow's nest for personal use. You could do the same OR rent the entire home for strong rental income! You've got BEACH ACCESS AT THE END OF THE STREET & the neighborhood Pool is only 2 lots down! Neighborhood Amenities include Multiple Beach Access Points, 2 Outdoor Swimming Pools and Tennis Courts. Buyer to verify all information during due diligence.
Listed By
Agency Name: RE/MAX of Gulf Shores
Agency Phone: 251-948-2400
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Estimated Payment
$ 1,648.79 per month $1,457.75 Principal & Interest $0.00 Property Tax (data not provided by mls) $191.04 Homeowner's InsuranceCrye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
665 Morgantown Boulevard | MLS# 378961
This single family home located at 665 Morgantown Boulevard, Gulf Shores, AL 36542 is currently listed for sale with an asking price of $655,000. This property was built in 1993 and has 3 bedrooms and 3 full baths with 1806 sq. ft. Morgantown Boulevard is located in the Morgantown subdivision. Search Morgantown real estate on online.fusion2b.com today.