$899,000
For Sale

614 Nichols Avenue

Fairhope, AL 36532
1638 sqft | 2 beds | 3 baths | 0.18 acres | #369006
Browse 51 photos
Type:Purchase
Structure:House
Zone:Residential

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.

  • Interior Details
      • InteriorCentral Vacuum, Ceiling Fan(s), Internet
    • Heating & Cooling
      • CoolingOther
      • HeatingOther
    • Beds & Baths
      • Bedrooms2
      • Bathrooms3
      • Full Baths3
  • Property Details
      • ViewNone/Not Applicable
      • Lot FeaturesLess than 1 acre
      • Lot DescriptionLess than 1 acre
      • Stories1
    • Measurements
      • Acres0.175
      • Square Feet1638
    • Parking
      • Parking FeaturesDetached, Double Carport
      • Parking TypeCarport
  • Construction Details
      • Property TypePurchase
      • StyleCottage
    • Condition
      • Year Built2016
    • Material information
      • RoofMetal
  • Utilities / Energy Details
      • AppliancesDishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked, Cooktop
      • Utility FeaturesFairhope Utilities
  • Community and Neighborhood Details
      • Community FeaturesBBQ Area, Fencing, Internet, Gated
      • SubdivisionFairhope
    • Location
      • Elementary SchoolFairhope West Elementary
      • Middle SchoolFairhope Middle
      • High SchoolFairhope High
      • CountyBaldwin
  • Financial Details
      • Taxes Annual$4,182
  • Restrictions
      • Pets AllowedAllowed, More Than 2 Pets Allowed
  • Other
      • OwnershipWhole/Full
    • Source
      • MLS #369006

Location

Sandra Walker PayneGoode Realty LLC
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
$
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annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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