$525,000 Price Analysis    ♡   Atmore, AL 36502 12 bed 9 bath 8,958 SqFt ($58/SqFt) 2.24 acre lot. Built 1975 Listed 2023-12-28, Taxes $2,026 | ✓ USDA Eligible near Atmore, AL Restrictions may apply due to home size |
Exceptional Multi-Family Investment Opportunity Minutes from Atmore
* No Longer For Sale *
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AL! Introducing a prime investment strategically located 5 minutes from downtown Atmore. This meticulously maintained property commands over 8000 sqft across two stories with 12 beds and 8 1/2 baths. This expansive 2.24+/- acre property redefines possibilities, presenting a multi-family / investment opportunity for those with a keen eye for versatile real estate. From capitalizing on the income potential through rental units to establishing a live/work environment tailored to your professional pursuits, the possibilities are as expansive as the property itself. Offering a surplus of space, the property provides an ideal canvas for various configurations catering to potential tenants or residents. Two Profitable separate 2 bed/1 bath apartments have been used as an Airbnb, presenting an enticing income stream.
With private entrances and patios, each of the two units is versatile, catering to short-term rentals, long-term leases or live/work arrangements. One unit is situated upstairs, while the other is located downstairs. From the big deck off the living room to the 552 sqft party/bonus room of the main kitchen, this property's design offers additional income potential as an event venue or for hosting unforgettable gatherings. The main floor includes 2 primary bedrooms with ensuites, 4 additional bedrooms sharing 2 full Jack-n-Jill style bathroms, a spacious living room, a convenient 1/2 bath and a kitchen/dining ar ea designed with the versatility to accommodate various business or residential needs. The lower level features an open common area, perfect for a rec/game room, complete with a functional wood-burning fireplace; accompanied by 2 bedrooms, 2 full baths, a large laundry room and a storage room. This property offers a strategic advantage with no city or county zoning.
Presented by Taylor Helton Lee at
Phd Realty, Llc.
Property MLS #355586 from BaldwinREALTORS
Primary Bedroom Dimensions: 11 x 14
Bedroom 2 Dimensions: 11 x 9
Bedroom 3 Dimensions: 11 x 14
Bedroom 4 Dimensions: 11 x 14
Bedroom 5 Dimensions: 10 x 12
Primary Bedroom Level: Main Level
Bedroom 2 Level: Main Level
Bedroom 3 Level: Main Level
Bedroom 4 Level: Main Level
Bedroom 5 Level: 2
Dryer
Microwave
Range-Electric
Refrigerator
Smoke Detector
Washer
1/2 Bathrooms: 1
Flooring: Carpet, Laminate, Tile
Kitchen Dimensions: 12 x 25
Kitchen Level: Main Level
Heat Pump
Heat Pump (Cool)
Game/Recreation Room Dimensions: 24 x 23
Living Room Dimensions: 33 x 24
Extra Room-1 Level: 2
Game/Recreation Room Level: Main Level
Living Room Level: Main Level
Extra Room-1 Description: Attached Sep Living Suite, Basement-Finished, Bonus Room, Office/Study, Recreation Room, Utility Room-Inside
Lot Size Acres: 2.24
Lot Size Square Feet: 97574
Energy Information: Ceiling Fan(s), Double Pane Windows
Ceiling Fan(s)
Covered Patio
Internet
Patio
Storage Building
Porch-Front
Calculated Total Monthly Association Fees: 0
High School: Not Baldwin County
Middle School: Not Baldwin County
Map directions Map directions Map directionsSource Listing Status: Closed
County: Escambia, AL
Directions: From downtown Atmore, AL: Head west on W Nashville Ave (US-31). Go for 4.0 mi. Then Turn right onto Florida Hwy. Go for 1.3 mi. Then property is on the left.
Source Property Type: Residential-Single Family
Parcel Number: 30 26 07 36 0 200 007.000
Zoning: Not Zoned, Outside Corp L
Property Subtype: Residential Attached
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $unknown + $unknown $51,640 | $2,026 |
| 2021 | $unknown + $unknown $51,640 | $1,807 |
| 2020 | $unknown + $unknown $50,380 | $1,763 |
| 2019 | $unknown + $unknown $50,380 | $1,763 |
| 2018 | $unknown + $unknown $25,100 | $829 |
| 2017 | $unknown + $unknown $23,640 | $827 |
| 2016 | $unknown + $unknown $48,740 | $1,705 |
| 2014 | $unknown + $unknown $16,540 | $529 |
| 2013 | $unknown + $unknown $16,980 | $545 |
| 2012 | $unknown + $unknown $16,820 | $539 |
| 2008 | $unknown + $unknown $59,460 | $2,081 |
$450,000
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Listing removed 2024-01-30
$0
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$525,000
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$525,000
Pensacola
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$525,000
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$0
MobileAL
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$155,000
MobileAL
Listing removed 2015-07-30
$189,900
BaldwinREALTORS
Listing removed 2015-06-30
$189,900
Pensacola
Listed 2015-03-28
$189,900
Pensacola
Listed 2015-03-28
$189,900
BaldwinREALTORS
Listing removed 2011-07-16
$150,000
Pensacola
Listed 2011-07-15
$150,000
Pensacola
Sold 2008-01-01
$175,000
Public Record
Year Built: 1975
Foundation Details: Piers, Wood Frame
Property Age: 49
Roof: Metal
Levels or Stories: 2
House Style: Triplex
Year Built Details: Resale
Water Heater-Electric
Water-City
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.