15777 Renee Marie Drive, Gulf Shores, AL 36542
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
15777 Renee Marie Drive,Gulf Shores, AL 36542
$399,000
- 6 Beds
- 3 Baths
- 2,574 sq. ft.
- Single family
- Active
Listed by: lauren whighamPHONE: 251-767-1182
Office: roberts brothers inc. gulf coa
MLS#:390410
Source:AL_BCAR
Price summary
- Price:$399,000
- Price per sq. ft.:$155.01
About this home
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 $1,200 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 $1,050 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....
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Home facts
- Year built:2004
- Listing ID #:390410
- Added:76 day(s) ago
- Updated:April 03, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Wood
- Kitchen Description:Electric Range, Refrigerator
- Bedroom Description:1st Floor Primary
- Living area:2,574 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s)
- Heating:Electric
Structure and exterior
- Roof:Composition
- Year built:2004
- Building area:2,574 sq. ft.
- Lot area:0.74 Acres
- Lot Features:Less than 1 acre
- Construction Materials:Vinyl Siding, Wood Frame, Wood Siding
- Exterior Features:Porch-Open
- Foundation Description:Slab
- Levels:1 Story, 1.5 Story
Schools
- High school:Gulf Shores High
- Middle school:Gulf Shores Middle
- Elementary school:Gulf Shores Elementary
Utilities
- Water:Public
- Sewer:Grinder Pump, Public Sewer, Septic Tank
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$155.01
- Tax amount:$2,601
Features and amenities
- Appliances:Electric Range, Refrigerator
- Amenities:Smoke Detector(s)
Parking
- Total parking spaces:2
- Parking description:Three or More Vehicles
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