Thank you
Taylor
PHD Real Estate, LLC
251-368-1063
Exceptional Multi-Family Investment Opportunity Minutes from Atmore, AL! Introducing a prime investment strategically located just 5 minutes from downtown Atmore. This meticulously maintained property commands over 8000 sqft across two stories with 12 beds and 8 1/2 baths. This expansive 2.24+/- acre property redefines possibilities, presenting a multi-family / investment opportunity for those with a keen eye for versatile real estate. From capitalizing on the income potential through rental units to establishing a live/work environment tailored to your professional pursuits, the possibilities are as expansive as the property itself. Offering a surplus of space, the property provides an ideal canvas for various configurations catering to potential tenants or residents. Two Profitable separate 2 bed/1 bath apartments have been used as an Airbnb, presenting an enticing income stream. With private entrances and patios, each of the two units is versatile, catering to short-term rentals, long-term leases, or live/work arrangements. One unit is situated upstairs, while the other is located downstairs. From the spacious deck off the living room to the 552 sqft party/bonus room of the main kitchen, this property's design offers additional income potential as an event venue, or for hosting unforgettable gatherings. The main floor includes 2 primary bedrooms with ensuites, 4 additional bedrooms sharing 2 full Jack-n-Jill style bathrooms, a spacious living room, a convenient 1/2 bath, and a kitchen/dining area designed with the versatility to accommodate various business or residential needs. The lower level features an open common area, perfect for a rec/game room, complete with a functional wood-burning fireplace; accompanied by 2 bedrooms, 2 full baths, a large laundry room, and a storage room. This property offers a strategic advantage with no city or county zoning.
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Bedroom Dimensions : 11x14
Bedroom 1 Dimensions : 11x14
Bedroom 2 Dimensions : 11x14
Bedroom 3 Dimensions : 11x14
Bedroom 4 Dimensions : 10x12
Bedroom 5 Dimensions : 11x12
Total Baths: 9
Full Baths: 8
Half Baths: 1
Dining Room Remarks: Kitchen/Dining Combo
Kitchen Dimensions: 12x25
Kitchen Room Remarks: Not Updated, Laminate Counters, Desk
Total Bedrooms : 12
Living Room Dimensions: 33x24
Window Feature : Double Pane Windows, Blinds, Drapery Rods
Storage, Baseboards, Bookcases, Ceiling Fan(s), Crown Molding, High Speed Internet, In-Law Floorplan, Walk-In Closet(s), Attached Self Contained Living Area, Bonus Room, Game Room, Guest Room/In Law Suite, Gym/Workout Room, Office/Study
Roof : Metal
Appliances : Water Heater, Electric Water Heater, Dryer, Washer, Built In Microwave, Dishwasher, Refrigerator
Laundry Features: Inside
Metal
Concrete, Tile, Carpet, Laminate
Heating: Multi Units, Heat Pump, Fireplace(s)
Cooling: Multi Units, Heat Pump, Ceiling Fan(s)
WaterSource: Public
Year Built: 1975
Construction: Brick
Security System: Smoke Detector(s)
Basement: Finished
Foundation Details: Off Grade
Porch: Deck, Patio
None
Paved
Lot Dimensions: 315' X 310'
Lot Description: Central Access
Lot Size Area: 2.24
Lot Size Units: Acres
Lot Square Feet: 97,574
Lot Acres: 2.24
Stories: 2
Main Square Feet: 2.24
Property Type: Residential
Sub Type: Single Family Residence
Style: Ranch
SQ ft (Living Area): 8,958
Subdivision: None
Original List Price: $525000
Possession: Close Of Escrow
Parcel Number: 30 26 07 36 0 200 007.000
Circular Driveway, Driveway, Front Entrance, Guest, Converted Garage
Included Fees: None
Elementary School: Local School In County
Junior High School: Local School In County
Senior High School: Local School In County
Cable Available
Direction: From downtown Atmore, AL: Head west on W Nashville Ave (US-31). Go for 4.0 mi. Then Turn right onto Florida Hwy. Go for 1.3 mi. Then property is on the left.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1812 S Main St, Atmore, AL,36502 | $450,000 | -- | -- | -- | 18 Acres |
1010 N Main St, Atmore, AL,36502 | $395,000 | -- | -- | -- | 0.91 Acre |
11 Jack Springs Rd, Atmore, AL,36502 | $185,000 | -- | -- | -- | 2.4 Acres |
111 Wilson Ave, Atmore, AL,36502 | $10,000 | -- | -- | -- | 0.16 Acre |
5415 N Hwy 21, Atmore, AL,36502 | $695,000 | 5 | 5 | 2,420 | 1.8 Acres |
Hwy 21, Atmore, AL,36502 | $360,000 | -- | -- | -- | 20 Acres |
2 Jack Springs Rd, Atmore, AL,36502 | $412,500 | -- | -- | -- | 4.46 Acres |
3 Jack Springs Rd #LOT .., Atmore, AL,36502 | $375,000 | -- | -- | -- | 4.46 Acres |
10 Jack Springs Rd, Atmore, AL,36502 | $161,250 | -- | -- | -- | 1.72 Acres |
109 3rd Avenue, Atmore, AL,36502 | $59,900 | 5 | 2 | 1,737 | 10890 Sqft |
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ByOwner last updated this listing 04/30/2024 @ 05:58
MLS: 637950
LISTED BY: Taylor Helton Lee, PHD Real Estate, LLC
SOURCE: Pensacola MLS
Buyer Agency Compensation: 2.4%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.