Fairhope, AL 36532,614 Nichols Avenue
Fairhope, AL 36532,614 Nichols Avenue
Fairhope, AL 36532,614 Nichols Avenue
$875,000
Est. payment /mo
$899,000
2.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

2 Beds
3 Baths
1,638 SqFt
SOLD DATE : 12/03/2024

Key Details

Sold Price $875,000

Property Type Single Family Home

Sub Type Cottage

Listing Status Sold

Purchase Type For Sale

Square Footage 1,638 sqft

Price per Sqft $534

Subdivision Fairhope

MLS Listing ID 369006

Sold Date 12/03/24

Style Cottage

Bedrooms 2

Full Baths 3

Construction Status Resale

Year Built 2016

Annual Tax Amount $4,182

Lot Size 7,623 Sqft

Lot Dimensions 49.9 x 151.9 each

Property Sub-Type Cottage

Property Description

You can't BEAT the RETREAT! Take advantage of this unique Gold Fortified property built with poured in place concrete walls. Currently this DUPLEX generates income as a thriving short-term rental! The Retreat on Nichols is perfectly positioned near downtown Fairhope and comes FULLY FURNISHED. Enjoy easy access to shops, restaurants, public parks, the hospital and of course scenic Mobile Bay.This gated retreat includes two stylish micro-cottages, each 720 sqft with 1 bedroom and 1 bathroom, making them perfect for separate or combined rentals. Each unit comfortably sleeps up to four guests, featuring a king-size bed and a sleeper sofa. Amenities include shared storage, an additional bathroom, electric vehicle charging, outdoor gaming areas, a kitchen setup, a wood-fire oven, a fire pit, a shared laundry area, and generous parking on an adjacent lot included in the sale.Property is zoned B1 - Local Shopping District and offers ample opportunities for investors and savvy buyers. This property also offers the potential for conversion into office space, mixed use development or private suites. Build another dwelling unit or office building for value-add opportunities on the included vacant lot currently used as parking. PPINs 9591 & 361758 are included in the sale. Buyer to verify all information during due diligence.

Location

State AL

County Baldwin

Area Fairhope 6

Interior

Interior Features Central Vacuum, Ceiling Fan(s), Internet

Heating Other

Cooling Other

Flooring Other Floors-See Remarks

Fireplace No

Appliance Dishwasher, Disposal, Microwave, Electric Range, Refrigerator w/Ice Maker, Washer/Dryer Stacked, Cooktop

Laundry Main Level, Inside, Common Area

Exterior

Parking Features Detached, Double Carport

Community Features BBQ Area, Fencing, Internet, Gated

Utilities Available Fairhope Utilities

Waterfront Description No Waterfront

View Y/N No

View None/Not Applicable

Roof Type Metal

Garage Yes

Building

Lot Description Less than 1 acre

Story 1

Architectural Style Cottage

New Construction No

Construction Status Resale

Schools

Elementary Schools Fairhope West Elementary

Middle Schools Fairhope Middle

High Schools Fairhope High

Others

Pets Allowed Allowed, More Than 2 Pets Allowed

Ownership Whole/Full

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Listed by Lewis & Co. Real Estate
Bought with Wise Living Real Estate, LLC

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agent

Katie Ragland

+1(256) 366-6974

Associate Broker in AL; Realtor® in FL | License ID: AL 152229-2 / FL 3575554

Associate Broker in AL; Realtor® in FL License ID: AL 152229-2 / FL 3575554

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