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614 Nichols Avenue $940,000

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    614 Nichols Avenue Fairhope, AL 36532

    • 2 Beds
    • 3 Baths
    • 1,638 sq.ft.
    • Single Family
    MLS# 278071 | Active

    $940,000

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    Property Details

    The possibilities are endless! Established and profitable Short Term Rental on AirBnB and VRBO platforms. Zoned B1 and built in 2016, these two 720sf rental units each have a their own private luxury bath and gourmet kitchen with a shared space between the two with laundry and another full bath. The real estate, furnishings, golf cart and website are all included in this turn key sale. Manage it yourself as a lifestyle business, or treat it as an investment and hire a professional host. Behind the electric gates is a lavishly landscaped retreat with beautiful, contemporary indoor and outdoor spaces. Construction completed in 2016 and the building is gold fortified and built to commercial codes. Opportunities to grow revenue include preliminary designs for an additional two story two unit micro-cottage on the attached lot, marketing the property as an event venue, and increasing occupancy rates of existing units. The sale includes two lots - the additional lot is PPIN 361758 and is contained inside of the fenced, gated space. It includes landscaping, storage shed, game court, decking, and wood fired pizza oven with an herb garden growing on top. The property is gated and in operation. Please make an appointment to see the property so that you don't disturb guests!

    • General Features
      • Area Fairhope 6
      • Association Fees 0
      • County Baldwin
      • Property Taxes 1244.40
      • Property Type Residential Detached
      • Terms of Sale Cash, Conventional
      • Year Built 2016
    • Building Features
      • Appliances Dishwasher, Microwave
      • Apx Living Area 1,638
      • Full Bathrooms 3
      • Boat Facilities None
      • Community Amenities BBQ Area, Fencing, Internet, Landscaping, Laundry Facilities, Gated
      • Bedrooms 2
      • Construction Foundation Slab
      • Construction Status Resale
      • Floors Other Floors-See Remarks
      • Furnished Yes
      • Garage No Garage/Carport
      • Half Bathrooms 0
      • Heat Cooling Heat Pump, Heat Pump (Cool), Zoned
      • Master Bedroom Dimensions 11 x 16
      • Master Bedroom Level Main Level
      • Property Amenities Ceiling Fan(s), High Ceilings, Internet, Irrigation Sprinkler, Open Porch, Patio, Security Lighting, Storage-In, Storage-Out, Storage Building, Window Treatments
      • Property Interior Stories One
      • Roof Metal
      • Style Contemporary
    • Property Features
      • Lot Description Less than 1 acre
      • Lot Size 100 x 150
      • Water Property Type No Waterfront

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    Market Last 30 Days

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    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $940,000
    1/7/2019 7:17:00 PM New in Database Source

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    Information is provided in part by the IDX program of the Baldwin REALTORS® Association. All information provided is deemed reliable but is not guaranteed and should be independently verified.