https://cdnparap60.paragonrels.com/ParagonImages/Property/P6/BCAR/390410/0/0/0/c0847cac745396c93518575d27dd36cd/7/6f3ef7be922b1ec85fc12bdfe60b78f7/390410-70EEF6D6-413B-4DFF-A3C9-E6A452B23927.JPG
6 Beds
3 Baths
2574 sqft
Active

Prime investment opportunity, triplex in Gulf Shores! This income-producing triplex in Gulf Shores presents an excellent investment opportunity, boasting a spacious lot with three distinct houses. Located conveniently behind dollar general and chevron on Fort Morgan Road, this property offers a solid rental income stream with significant potential for increased revenue. House "A," (built in 2004, renovated 2024): This recently gutted and fully updated home provides approximately 864 square feet of living space, 2 bedrooms and 1 bathroom, and spacious screen porch. HVAC age: 2019. Rents for $1,200 per month. This unit uses a septic tank. House "B" (relocated to the property in 1985) offers around 868 square feet of living space with 1 bedroom and a loft being used as a second bedroom, along with 1 bathroom, this home rents for $1,000 per month and is on city sewer. HVAC replaced three years ago. House "C" (built 1985) the original house on the property, this unit features 768 square feet. with 2 bedrooms and 1 bathroom. It currently rents for $1,050 per month and is on city sewer. All 3 houses have access to city water, central heating and air, & separate utility meters. Tenants do wish to stay but are on a month to month lease, offering flexibility to the new owner regarding lease terms and occupancy. With current leases, this triplex grosses $41,100 annually, demonstrating immediate income potential! Buyer to verify all information during due diligence.

Property Details

Acres 0.745
Area 2574
Area Source Builder
Baths Full 3
Baths Half 0
Bedrooms 6
Construction Vinyl Siding, Wood Siding, Wood Frame
Fireplaces 0
Flooring Wood
Foundation Slab
Heating Electric
Interior Features Other Rooms (See Remarks), Ceiling Fan(s)
Lot Description Less than 1 acre
Lot Size 150 x 217
Lot Size Area 32452.2
Lot Size Area Units Square Feet
Occupant Type Tenant,Tenant Occupied
Parking Three or More Vehicles
Roof Composition
Stories 1
Style Other-See Remarks
Sub Type Text Other-See Remarks
Subdivision Not Applicable
Type RES
View None/Not Applicable
Year Built 2004

Geographic Details

County Baldwin
Directions Drive West down Fort Morgan, turn right on Meeker Ln. then left on Renee Marie Ave.
Lat 30.253869
Lng -87.753966
Market Area Gulf Shores 1

Agent Contact

Cell 251-767-1182
Email Laurenwhigham@robertsbrothers.com
Office 251-974-5625

School Information

Elementary School Gulf Shores Elementary
High School Gulf Shores High
Middle School Gulf Shores Middle

MLS Information

Area Gulf Shores 1
Original Entry Timestamp 2026-01-16T22:36:46.8Z
Originating System Name Baldwin County
Status Active
Status Text Active