614 Nichols Avenue Fairhope, AL $ 950,000
614 Nichols Avenue
$ 950,000
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614 Nichols Avenue

Fairhope, AL, 36532
$ 950,000
Bedrooms2 Baths3.0 Sq 1,638

Monthly Estimate*

$ 6,314

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Multi-Family Home for sale in Fairhope, AL

for $950,000 with 2 bedrooms and 3 full baths. This 1,638 square foot home was built in 2016 on a lot size of 0.36.

This GOLD FORTIFIED Duplex is truly a unique property, currently used as a short-term rental. The Retreat on Nichols is perfectly located near downtown Fairhope and comes FULLY FURNISHED with all furniture and personal property on-site currently used for short-term guests to convey! PARTIAL OWNER FINANCING AVAILABLE! Conveniently situated with just a short walk to downtown for shopping and dining or a quick golf cart or bike ride to the majestic Mobile Bay! The Retreat consists of 2 lavish contemporary micro-cottages, gated and fenced. This solid structure was built to gold fortified standards and boasts standing poured concrete walls! The Retreat includes two private 720 sqft luxury 1BR/1BA units that can be offered together or separately for rent making the ideal for a getaway or for a special place to reside privately next to loved ones! Each unit is suitable to sleep 4 adults comfortably with a king size bed and sleeper sofa in each unit. The units are separated by common area including a large storage/stock room with an additional full bathroom. This property boasts all the trimmings to create a resort environment throughout the common areas including electric vehicle charging stations, outdoor gaming area, outdoor kitchen area, wood-fire oven, fire pit, a laundry area, outdoor dining and patios, ample extra parking on the adjacent lot included in the sale and more!Property could also be remodeled to accommodate your new business location such as an office space, potentially housing multiple private office suites in each unit. Truly a must see! Property includes PPIN's 361758 & 359953. DEEDED LOTS! Buyers agent to verify all measurements. All information deemed reliable but is not guaranteed. Contact your favorite real estate agent today to schedule a showing! More information available upon request.

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Multi-Family Active

Price

$ 950,000

Bedrooms

2

Full Bath

3

Property Type

Multi-Family

Taxes

$ 2,562

Style

Duplex

Lot Size

0.36

Year Built

2016

Town/City

Fairhope

County/Region

Baldwin

MLS | Web ID

356000

Features
General
Interior Features Ceiling Fan(s) High Ceilings Internet
Heating Electric
Utilities Fairhope Utilities
Roof See Remarks
Appliances Dishwasher Disposal Dryer Microwave Electric Range Refrigerator w/Ice Maker Washer/Dryer Stacked
Patio/Porch Features Covered Side Porch Front Porch Rear Porch
Security Features Smoke Detector(s)
Construction Materials Other-See Remarks
Year Built 2016
View None/Not Applicable
Stories 1
Levels One
Property SubType Duplex
Percent Ownership Whole/Full
Waterfront Features No Waterfront
Community Features None
County Baldwin
New Construction N
Property Type Residential Income
HOA / Comm Assn N
Subdivision Name Fairhope Municipal
Garage Y/N N
Status Active
Directions Driving South on US 98 turn right onto Nichols Ave go through stop sign located at Young and Nichols property is on the left.
High School Fairhope High
City Fairhope
Buyer Agent Compensation 2.5
View Y/N N
Senior Community Y/N N
MLS Area Fairhope 6
Lot Size Units Square Feet
Lot Size Square Feet 15681.6
Waterfront Y/N N
Carport Spaces 2
Carport Y/N Y
Street Name Nichols Avenue
Elementary School Fairhope West Elementary
Property Attached Y/N N
Tax Annual Amount 2562.3
Home Warranty Y/N N
Middle/Junior High School Fairhope Middle
Property Condition Resale
Structure Type Single Story
Building Area Units Square Feet
Master on main Main
Living Area Units Square Feet
Standard Status Active
Tax Lot 1
Buyer Agent Compensation Type %
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Interior
Flooring Tile
Total Fireplaces 0
Kitchen Level Main
Air Conditioning Y/N N
Heating Y/N Y
Fireplace Y/N N
Full Baths 3
Half Baths 0
Total Bedrooms 2
Total Baths 3
Second Bedroom Level Main
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Exterior
Fencing Fenced
Parking Features Double Carport
Lot Size Area 15681.6
Spa N
Building Area Total 1638
Lot Size Acres 0.36
Covered Spaces 2
Open Parking Y/N N
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* Excluded Features
List By
Tiffany Rezner

Listing Agent

Waters Edge Realty

Broker

rezner.realtor@gmail.com

Email

Affordability Calculator

$6,527
Per Month
97%
3%
0%
Monthly Principal & Interest
$6,314
Monthly Property Taxes
$214
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2957929 Elementary School
2086561 Middle School
Fairhope High High School
Pricing History
DatePricePrice ChangeDescription
1/9/2024$950,000 Listed Price

Map


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614 Nichols Avenue, Fairhope, AL, 36532 is a Multi-Family Home for sale at $950,000 with 1,638 sqft and a lot size of 0.36. 614 Nichols Avenue has 2 bedrooms, 3.0 baths, and was built in 2016. The property's zip code is 36532 which is in Fairhope, AL