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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 $1350 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 $1,075 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.
| DAYS ON MARKET | 9 | LAST UPDATED | 6/18/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 2004 |
| COUNTY | Baldwin - AL | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| Elementary School | Gulf Shores |
|---|---|
| Jr. High School | Gulf Shores |
| High School | Gulf Shores |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher , Electric Range , Refrigerator |
| BASEMENT | None |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| EXTERIOR | Private Entrance |
| HEAT | Central |
| INTERIOR | Other |
| LOT | 0.745 acre(s) |
| LOT DESCRIPTION | Other |
| LOT DIMENSIONS | 150x217 |
| PARKING | Unassigned |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer, Septic Tank |
| STORIES | 1.5 |
| STYLE | Patio Home |
| SUBDIVISION | None |
| TAXES | 2601 |
| UTILITIES | Other, Sewer Available, Water Available, Electricity Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Lauren Whigham with Roberts Brothers Inc. Gulf Coa
All information provided is deemed reliable but is not guaranteed or warranted and should be independently verified. The data relating to real estate for sale on this web site comes in part from the IDX/RETS Program of the Gulf Coast Multiple Listing Service, Inc. IDX/RETSreal estate listings displayed which are held by other brokerage firms contain the name of the listing firm. The information being provided is for consumer’s personal, non-commercial use and will not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2003 Gulf Coast Multiple Listing Service, Inc. All rights reserved.
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