$1,099,000
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439 Kinzalow Lane Gulf Shores, AL 36542
Duplex
Residence
8
Beds
4
Baths
...
Bed/Bath
2,331
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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Investor's Dream! Gulf Front Fort Morgan Luxury. Excellent income producing investment property or Family Home. One mile East of Fort Morgan Marina. The duplex rental income producing property has deeded walking access to the Gulf beach and beautiful views from the front porches. Walk down the driv...e to the Gulf. Close to the marina (boater's dream) and Ft Morgan State Park. Newly remodeled and beautifully decorated, these are beautiful beach homes. Four bedrooms and 2 baths on each side; As a bonus, one bedroom on both sides is a bunk room located off the back porch. Sides are connected/divided by a double locking door on back porches. It is perfect to share or separate these beach homes. Approximately 1200 sq feet each side. 350 sq ft of porches each side. Great rental for large families or groups who need two houses. $80,000 average in rental income. $110,000 projection by rental management company. Perfect for investors or for someone who wants to live in one side and rent out the other or perhaps even a family that wants to go together to purchase a family beach house. Offered just in time for Gulf Coast Summer rental season. Gulf Shores is a very sought after island resort and Fort Morgan adds the perfect balance of beach, privacy and all the fun things to do close by. The room dimensions listed are per duplex side. Move in and rental ready, you won't need to do one thing to begin living in or renting this beach haven. Rental revenue past and 2024 available. Huge bonus: No HOA. You will love the area. From large parties to family rentals, this beautiful property offers so much. Must see. Tour today! Buyer to verify all information during due diligence.
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MLS#
363624
Property Type
Duplex
Bedrooms
8
Bathrooms
4 Full
Year Built
2014
Square Feet
2,331
sq. ft
Lot Size
0.23
Stories
1.0
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