15777 Renee Marie Avenue, Gulf Shores, AL 36542
Local realty services provided by:Better Homes and Gardens Real Estate Main Street Properties
15777 Renee Marie Avenue,Gulf Shores, AL 36542
$375,000
- 6 Beds
- 3 Baths
- 2,574 sq. ft.
- Single family
- Active
Listed by: lauren whigham
Office: roberts brothers inc. gulf coa
MLS#:7705779
Source:AL_MAAR
Price summary
- Price:$375,000
- Price per sq. ft.:$145.69
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 #:7705779
- Added:98 day(s) ago
- Updated:April 25, 2026 at 02:15 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Flooring:Carpet, Laminate
- Dining Description:Open Floorplan
- Kitchen Description:Dishwasher, Refrigerator
- Living area:2,574 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2004
- Building area:2,574 sq. ft.
- Architectural Style:Patio Home
- Foundation Description:Pillar/Post/Pier
- Levels:One and One Half
Schools
- High school:Gulf Shores
- Middle school:Gulf Shores
- Elementary school:Gulf Shores
Utilities
- Water:Available, Public
- Sewer:Available, Public Sewer, Septic Tank
Finances and disclosures
- Price:$375,000
- Price per sq. ft.:$145.69
- Tax amount:$2,601
Features and amenities
- Appliances:Dishwasher, Electric Range, Refrigerator
- Laundry features:Electric Range
- Amenities:Dishwasher, Electric Range, Electricity Available, Refrigerator
Parking
- Total parking spaces:2
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