614 Nichols Avenue, Fairhope, AL 36532 (MLS # 278071)

Price $940,000
Status Active
Beds 2
Baths 3 baths
Home size 1,638 sq ft
Lot Size n/a
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!
Property Type(s): Single Family
Last Updated 1/7/2019 Year Built 2016
Community Fairhope 6 County Baldwin

SCHOOLS

Elementary School Fairhope Elementary
High School Fairhope High

Additional Details

AIR Heat Pump, Zoned
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Microwave
AREA Fairhope 6
CONSTRUCTION Other-See Remarks
EXTERIOR Ceiling Fan(s), High Ceilings, Internet, Irrigation Sprinkler, Open Porch, Patio, Security Lighting, Storage Building, Storage-In, Storage-Out, Window Treatments
GARAGE No Garage/Carport
HOA DUES 0
LOT DESCRIPTION Less than 1 acre
MASTER ON MAIN Yes
STORIES 1
STYLE Contemporary
TAXES 1244.40
UTILITIES Fairhope Utilities
VIEW DESCRIPTION None/Not Applicable
WATERFRONT DESCRIPTION No Waterfront

Location

 

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