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614 Nichols Avenue, Fairhope, AL 36532
2 Beds
3 Baths
1,638 sqft

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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!
  • Price:
  • $940,000
  • Bedrooms:
  • 2
  • Full Baths:
  • 3
  • Square Footage:
  • 1,638
  • Year Built:
  • 2016
  • Listing ID #:
  • 278071
  • Street Address:
  • 614 Nichols Avenue
  • City:
  • Fairhope
  • State:
  • Alabama
  • Postal Code:
  • 36532
  • County:
  • Baldwin
  • Listing Status:
  • Active
  • Flooring:
  • Other Floors-See Remarks
  • Furnished:
  • Yes
  • Siding:
  • Other-See Remarks
  • Square Footage Source:
  • Floorplan
  • Style:
  • Contemporary
  • Total Building Square Footage:
  • 1638
  • Type Of Roof:
  • Metal
  • View:
  • None/Not Applicable
  • Year Built:
  • 2016
  • Federal Flood Zone:
  • X
  • Lot Description:
  • Less Than 1 Acre
  • Lot Size:
  • 100 X 150
  • Total Number Of Lots:
  • 2
  • Community Features:
  • Bbq Area, Fencing, Internet, Landscaping, Laundry Facilities, Gated
  • Days On Market:
  • 78
  • For Sale Or Lease?:
  • For Sale
  • Terms:
  • Cash, Conventional
  • Price Per Square Foot:
  • 573.87
  • Master Bedroom Dimensions:
  • 11 X 16
  • Master Bedroom Location:
  • Main Level
  • Garage Type:
  • No Garage/Carport
  • Parking Description:
  • No Garage/Carport/Parking
  • Appliances:
  • Dishwasher, Microwave
  • Heating And Air:
  • Heat Pump, Heat Pump (cool), Zoned
  • Waterfront Description:
  • No Waterfront
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo
  • Listing Provided By Urban Property
  • BALDWIN
  • Schools information provided by ATTOM

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